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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot
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To: rimshot who wrote (1035)12/6/2022 12:15:33 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

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SPY bulls have nearly zero chance of a lasting bounce
today OR in coming days
unless price action holds above the 396.00 horizontal level ( 20-day EMA = 396.02 )

for an overall context, consult the SPY weekly chart repeated here -

stockcharts.com

the $OEX daily may be gunning for the 1753.xx to 1757.xx recent prior lows,
and it is over for the future bullish scenario if these levels are violated on a lasting basis -

stockcharts.com

1761.36 = $OEX current LOD, December 6



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