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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot
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To: rimshot who wrote (589)4/29/2022 3:49:23 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

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SPY 21-week EMA vs. SPY 34-week EMA delta spread is narrowing as the recent
days progress, and the 21-week EMA is recently increasing its downward slope -

stockcharts.com

* bulls do not want to see a lasting hold by the 21-week EMA below the 34-week EMA

chart #2 includes Scott's 5,21,1 MACD shown at the bottom of this simple SPY daily -

stockcharts.com

* bulls do not want to see the daily 5,21,1 MACD actually achieve a lasting hold below its
current multi-month MACD low, on a closing basis
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