SPY & QQQ intraday chart observations by rimshot Message Board

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

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ajtj99

To: rimshot who wrote (1042)	12/6/2022 4:08:16 PM
From: rimshot	1 Recommendation of 1309

S&P 500 sectors XLE & XLY closed December 6 a decent distance below their 55-day EMA, while XLK remains only slightly above its 55-day EMA * bears want to see additional S&P 500 sectors achieve future daily closes below their 55-day EMA's October 26, 2022 update for the Percentage weighting of each S&P 500 sector - pbs.twimg.com * Note - the S&P 500 index is calculated each moment based on the percentage weighting for each of the 500 stocks; it is a Market Capitalization weighted index

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