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 (244)	2/1/2022 10:07:04 AM
From: rimshot	Read Replies (2) of 1309

$SPX now briefly back below its 4518.xx 150-day SMA, so an upward failure setup is now briefly underway for the time being ( $SPSUPX failed to reach its 1031.58 150-day SMA & ditto for 20-day EMA, so far ) $SPX daily - stockcharts.com 4509.xx = declining 15-day SMA which is the minimum must hold above level for any bullish case to have probable Staying Power ... 4490.81 now printing at 10:09:07 a.m. ET 4438.38 = 200-day SMA current value, a good distance below LOD, so far 4526.93 = 20-day EMA current value, and upward price action today failed to even briefly recapture the 20 EMA

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