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

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To: rimshot who wrote (661)9/18/2022 1:36:36 PM
From: rimshot2 Recommendations

Recommended By
ajtj99
LoveAG

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$SPSUPX weekly,

weekly S&P composite 1500 index with 70,2 lower Bollinger Band -

stockcharts.com

* the lower BB represents a must-hold level for the bulls,
OR
bears will have firm and probably durable control of the price action for US equities, at least for a # of weeks

daily plot of the S&P 1500 net Advance-Decline Percentage -

* kicking off the accelerated downward direction for these various chart statistics took place again this week
ending September 16, 2022

stockcharts.com

* the 3-day SMA and13-day EMA smoothing of the daily A-D percentage are both negative & resting below their zero lines
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