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

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ajtj99
To: rimshot who wrote (602)5/2/2022 6:30:53 PM
From: rimshot1 Recommendation   of 1309
 
screenshot of the /ES 3 minute chart showing since Friday mid-day
& updated through shortly after the May 2 cash market close

3-min /ES chart shows the price & volume action for --
the Volume by Price Profile for 10 trading days
which is placed on the right margin of the chart

impt Note - when you see gray shaded areas placed within a specific price zone / zones on these chart updates,
the /ES levels within the gray boundary represent high-odds horizontal inflection price location which either
acts in the future as horizontal resistance / support OR once price action surpasses the gray zone on a lasting basis
the price levels act in the opposite manner to what was actually reflected when 1st approached

** AAPL, AMZN, INTC reported eps shortly after April 28 cash market close

* time stamps are Central, left mouse click on chart to enlarge view

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