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

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Recommended by:
catou1
To: rimshot who wrote (950)11/1/2022 12:01:59 PM
From: rimshot1 Recommendation  Read Replies (1) of 1309
 
SPY - 382.8x to 382.2x and below is where the Volume by Price data set
becomes a potential horizontal bull / bear divider into today's close starting from this moment

Screenshot for SPY Volume by Price action -
updated approx. 10:45 am Central time today, November 1

screencast.com

* bears need a firm & lasting decline below 382.2x level ...
* SPY 376 to 378 zone using prior price action
alone is possible down target #1 region

383.29 = current LOD as of 11:46 a.m. Tuesday November 1, 2022

383.88 = Weekly Pivot value for week ending November 4, 2022

384.28 = SPY 90-day Volume Point of Control current value

* SPY closed Friday October 28, 2022 very near its daily 21,2 upper BB

note - moving average values & VPOC values are calculated using a conforming approach
to the $SPX price action, and the SPY price history is not dividend-adjusted for these calculations

note - extended hours price action is not shown
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