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

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To: rimshot who wrote (127)12/18/2021 12:26:32 AM
From: rimshot  Read Replies (1) of 1309
 
/ES 50-day EMA ( 4590.50 ) contained Friday's Dec 17 LOD, printed in the day session

* the Weekly Pivot provided resistance for the afternoon bounce

/ES 3-min chart using a 10-day look back for the Volume by Price profile &
the 3 specific minor High Volume node regions and the 2 Low Volume node regions
which reside from below 4660 to near the 4590 level are highlighted as a group -

Note - during any future intra-week price volatility the price action will likely oscillate within these
minor HVN price locations
since the only existing large 5-day, 10-day, 30-day, 90-day HVN
is located at 4680 to 4682.xx

* time stamps are CT, left mouse click to enlarge view

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