SPY & QQQ intraday chart observations by rimshot Message Board

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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot

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To: rimshot who wrote (35)	12/1/2021 10:06:24 PM
From: rimshot	Read Replies (1) of 1309

SPY & QQQ daily charts updated for Wednesday Dec 1 close: SPY daily closes chart - * SPY 451.74 = look left to see the early September daily close high, which SPY is now testing briefly from above ... which is textbook Point & Figure evaluation method as a customary technical expectation with a probable bullish outcome in the long run only if the test from above is successful with a persistent advancing sequence that eventually follows stockcharts.com Positively divergent higher lows by the recent daily prints of the Advancers minus Decliners delta for six major US indices - stockcharts.com *SPY rests slightly* below the 55-day SMA ( 451.58 ) & above the rising 89-day EMA Wednesday Dec 1 close stockcharts.com QQQ rests slightly below the 34-day EMA ( 388.95) & above the rising 55,1-day EMA** Wednesday Dec 1 close stockcharts.com some of Scott's chart work, repeated ( Scott is deceased ) - stockcharts.com stockcharts.com stockcharts.com

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