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

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To: ajtj99 who wrote (29699)	7/2/2021 6:53:08 PM
From: rimshot	2 Recommendations Recommended By ajtj99 towerdog Read Replies (1) of 97557

434.60 = SPY weekly 15,2 UBB value, as of the Friday July 2, 2021 close stockcharts.com * weekly upper Bollinger Band location has not been tested from below for a few months ... bulls do not want to see an immediate Tap & Down action from the region of the weekly UBB bulls want to see SPY future price action tightly hug a rising UBB, especially since the 15,2 setting is faster than the standard 20,2 BB setting Message #467 from rimshot at 5/8/2021** 11:41:23 AM SPY weekly closes chart with the focus on the 5-week SMA - stockcharts.com * vigilance watch the weekly Full Stochastic as it develops * 104.80 = May 7 prints a new multi-month high for the S&P 500 10-day MA of the New Highs minus New Lows Differential ... and bulls want to see a continuing advance for this metric even though "as good as it gets" is being approached ( 96.60 on May 6 and 104.80 on May 7 ) 120.40 = the highest seen in January 2018 130.60 = May 2013 saw the highest level since early 2001 when StockCharts started capturing this data

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