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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: rimshot who wrote (19316)	2/25/2021 2:47:09 PM
From: rimshot	1 Recommendation Recommended By catou1 Read Replies (2) \| Respond to of 97357

$SPX - earlier post re-write for better clarity $SPX daily chart shown below with 4 long-term moving averages, 3 of which now reside below the recent January & February 2021 intraday price lows stockcharts.com * note the RSI-14 is holding below the important 60 level, so any lower price level is possible for the future $SPX price action while the RSI-14 continues to display Negatively Divergent lower highs when the $SPX daily close price advances are accompanied by lower momentum indicated by RSI lower highs ( important note: during 2021, all intraday SPY price action that resides above the daily 126,2 upper BB has been sold ... 126 days = 6 months of price action ) due your own due diligence, and avoid buying into the thought selling based on supposition about the future that is going on