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

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ajtj99
To: rimshot who wrote (180)1/24/2022 12:30:22 PM
From: rimshot1 Recommendation  Read Replies (2) of 1309
 
$SPX 4233.13 = potential horizontal bull / bear divider in play today January 24, based
on prior intraday lows during 2021

* bulls need to defend 4233.13 level in future days

all but one of the RSP 60-min indicators display multi-day deterioration, so bottom-picking
continues to be suspect until these "lagging" indicators show improvement -

stockcharts.com

SPY daily highlighting the RSI-5 -

stockcharts.com

$SPX vs. $OEX daily ratio -

$OEX under performing the $SPX is today at a horizontal level shown to be important in prior
history

stockcharts.com
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