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


To: ajtj99 who wrote (29709)7/4/2021 11:40:00 AM
From: rimshot2 Recommendations

Recommended By
ajtj99
towerdog

  Read Replies (1) | Respond to of 97547
 
aj - chart technicals for the NYSE common stocks only data set indicate a
degree of negatively divergent lower bounce highs by the chart technicals
over multiple days
vs.
Friday's $SPX & $OEX new all-time-record bounce highs
that it is possible once a widely accepted catalyst for US equity market selling takes place
that we see a much deeper decline than the most recent $SPX 2.2% decline

stockcharts.com

fyi - the $SPX 2.2% decline was accompanied by back-to-back double tap of the
$SPXEW daily 21,3 lower Bollinger Band with literally zero hours below the LBB