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Strategies & Market Trends : The Aristocrats (tm)
NNVC 1.450+7.4%Nov 14 3:59 PM EST

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To: sense who wrote (3689)4/25/2022 12:38:50 PM
From: sense  Read Replies (1) of 5619
 
FWIW - Ten Minute SPY and UVXY

Inflection shift Friday related to the end of day trade... set up a bolly pinch that has resolved to widened bollies... but, doesn't appear to do much to alter the trendline, other than imposing a bit of noise at the open, which however, appears on the intraday chart as "bottoming at 420"... as it may be ? The equal and opposite on the UVXY chart below without the parallel in annotation...

Still sets up "continuation" or not... at the 410 level on SPY... as the real test... but, then, also, with timing issues in the approach to the limits... probably the next hour telling us if the opening was induction of "noise" in a shift that's not real... if SPY is leveling out and slowing into a more tentative test of the 410... or if it is noise only in deflections from a trend that is likely to be sustained to and through the 410...



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