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

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To: rimshot who wrote (280)2/7/2022 10:15:21 AM
From: rimshot2 Recommendations  Read Replies (2) of 1309
 
QQQ 60-min for 10 days, with key vigilance items -

stockcharts.com

QQQE 15-minute chart, in which not every minute or even every 15-minutes sees an actual price candle, but
the chart still progresses to provide Equally Weighted info for evaluating the QQQ likely future up or down trend -

stockcharts.com

QQQ was on hard-to-borrow status last week with ever decreasing size
for the # of shortable shares at Fidelity, and

Monday's early shortable quantity
was about 150k more than currently, meaning shortable shares are ever decreasing in size
since 8 a.m. ET today, so folks continue to load up with QQQ shares in new short positions

as of 10:15 a.m. ET, only 229,575 shortable shares are currently in inventory
at Fidelity, and once it goes to zero amount we only have 1.5 to 2.75 days
before a short squeeze becomes ever more likely though not guaranteed ...
based on history over many years
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