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

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To: rimshot who wrote (66)12/9/2021 12:34:22 PM
From: rimshot  Read Replies (1) of 1309
 
SPY daily updated for the Dec 8th 470.00 HOD price horizontal, also the all-time daily close high region -

stockcharts.com

* includes Carl Swenlin's very short-term Advance-Decline breadth & volume oscillators, which
have found a near-term bottom in early December ... these oscillators are able to quickly reverse direction
depending on the future strength OR weakness in the daily net delta between
Advancing vs. Declining for both S&P 500 issues breadth and for volume

** SPY 89-day EMA, not yet tagged from above, even though the early
December intraday low was very close to the 89

chart #2 - the S&P 500 daily net delta between Advancing & Declining issues can be monitored each
end of day using the lower portion of this daily chart -

stockcharts.com

repeated SPY daily -

stockcharts.com

* one unfilled gap to a prior daily close is marked with a gold-colored H line

* 100-day SMA vigilance, just in case ...only the magician knows
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