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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot
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To: rimshot who wrote (112)12/16/2021 11:55:03 AM
From: rimshot1 Recommendation

Recommended By
Lou Weed

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/ES 3-min chart with a Fibonacci tool placed
on today's Globex high and today's Dec 16 post-cash market
open low to show that the 50% upward retrace
level acted as firm resistance for the day session bounce

chart is updated approx 1 hour after the cash market open &
is March 2022 contract pricing

Note - today's Globex high surpassed the prior record price high for the March 2022 contract

* the solid gold line on the right margin marks the upper price boundary for 70% of
total transacted volume within the prior 10 days using the /ES continuous contract

* time stamps are CT, and left mouse click on chart to enlarge

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