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

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Recommended by:
ajtj99
To: rimshot who wrote (790)9/29/2022 4:24:39 PM
From: rimshot1 Recommendation  Read Replies (1) of 1309
 
$SPSUPX at today's September 29th close is trying to hold
above its June 2022 intraday low of 829.98, though by a slim margin

Message #791 from rimshot at 9/18/2022 1:36:36 PM

$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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