ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

To: rimshot who wrote (19301)	2/25/2021 1:35:54 PM
From: rimshot	1 Recommendation Read Replies (2) of 97337

385.98 = SPY 21-day SMA, as of Feb 25 1:35 pm Eastern SPY daily closes chart, showing the significance of ANY future daily closes holding below the 21-day SMA stockcharts.com Message #19301 from rimshot at 2/25/2021 1:22:02 PM 3868.90 = $SPX 21-day SMA, as of Feb 25 1:20 pm Eastern ... bulls need intraday bounces to surpass and hold above the 21 day * losing 3870.90 horizontal is a big failure if it continues .. time will tell stockcharts.com Message #19283 from rimshot at 2/25/2021 12:39:11 PM major $SPX ledge at approx. 3851 to 3855.56 using the daily closes chart .. .a hold below for future daily closes will be at least a minor "bear event" 3805.65 = $SPX 50-day SMA Message #19275 from rimshot at 2/25/2021 12:23:44 PM SPY minor ledge resides at 384.78 to 384.50 which bears must violate to target 380's to 382's with a further decline today/Friday ... with 374 to 378 as much lower targets which are eventually possible

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