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 (118)	12/16/2021 4:18:13 PM
From: rimshot	Read Replies (1) of 1309

/ES 4642 to 4648.xx = minor high volume node region, 10-day look back 4654 to 4655.xx = minor low volume node region (violated on Dec 16, this LVN served its purpose as LVN because we spent no significant time at this price zone today to accumulate any further transacted volume .. this LVN immediately failed to provide any support today, LVN's either cause a directional price pause or do not, always acting as a potential target magnet prior to being tested ) 4640 to 4648.xx = minor high volume node region, 30-day look back (partially & briefly penetrated today, Dec 16 ) 4628 to 4629.xx = minor high volume node region, 30-day look back 4610 to 4614.xx = minor high volume node region, 30-day look back ( spent hours on Dec 15 pre-Fed release within this HVN ) ========================================= 4682 = major high volume node region, 30-day look back and represents the current Volume Point of Control updated Dec 16 close

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