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

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ajtj99
To: rimshot who wrote (707)9/5/2022 12:51:12 PM
From: rimshot1 Recommendation   of 1309
 
a multi-week pause / upward reversal either occurs for the under performance
condition by the $OEX vs. $SPX price action
,
OR
the relative under performance by the $OEX actually worsens in the future, which likely bodes
negatively for the future direction of US equities

stockcharts.com

2006 to 2010 period for this same daily closes ratio chart -

stockcharts.com

Message #707 from rimshot at 7/27/2022 3:05:13 PM

$OEX 1835.17 horizontal on vigilance watch using daily chart -

stockcharts.com
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