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

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To: rimshot who wrote (275)2/4/2022 9:34:25 AM
From: rimshot  Read Replies (1) of 1309
 
4483.18 = $SPX possible horizontal bull / bear divider based on 14 days of intraday price action

violating this level from above on a lasting basis negates a prior major horizontal breakout, and
confirms that more downward price action with Staying Power is highly probable

4471.55 now printing, 9:34 a.m. ET

4474.98 = declining 15-day SMA, as of 9:38 a.m. ET Feb 4 -

stockcharts.com

* a future lasting hold below the 15-day is a negative for the odds of seeing future lasting bounces ..... a high
priority vigilance chart item

4494.34 = 10-day EMA, as of 9:44 a.m. ET, Feb 4
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