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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot -- Ignore unavailable to you. Want to Upgrade?

To: rimshot who wrote (9)	11/23/2021 11:36:54 AM
From: rimshot	1 Recommendation Recommended By Lou Weed Read Replies (1) \| Respond to of 1309

Lawrence G. McMillan - 36 minutes ago The fact that $SPX did not capitalize on a breakout to new all-time highs is not a positive sign. This is the 7th time that $SPX has traded above 4,705 this month, but it has not closed above there once. That certainly seems like a market that entices sellers on rallies $SPX daily to compliment Larry's focus on closes consistently below the 4,705 level, marked in Cyan color on this chart - stockcharts.com 4,648.03 = 20-day EMA current value, Nov 23 -- not violated since mid-October 2021 RSP daily snapshot, as of Nov 23 11:45 a.m. ET - * sellers not having much impact today on the S&P 500 Equal Weight, so the Mega Caps are seeing the majority of today's selling