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

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To: rimshot who wrote (84)12/13/2021 11:15:41 AM
From: rimshot  Read Replies (1) of 1309
 
$OEX is now briefly trading below 5 levels of the
prior horizontal breakouts using the 5-min close highs I have
marked on the 5-min chart from only the most recent days

selling in the Mega Caps is widespread

$OEX 2160.89 = must-hold horizontal level for the bullish case.
* a very recent prior 5-minute close low ( Friday Dec 10 closely matched by a prior day )

2162.59 = Dec 13 LOD, so far

SPY 466.14 = 3.5 day intraday low

SPY 466.78 is LOD Dec 13th, so far
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