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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 (74)12/9/2021 4:45:59 PM
From: rimshot  Read Replies (1) | Respond to of 1309
 
SPY daily updated for the Dec 9th 466.14 LOD price horizontal,
470.00 yesterday resides very near the all-time daily close high region -

stockcharts.com

* includes Carl Swenlin's very short-term Advance-Decline breadth & volume oscillators, which
have found a near-term bottom in early December ... these oscillators are able to quickly reverse direction
depending on the future strength OR weakness in the daily net delta between
Advancing vs. Declining for both S&P 500 issues breadth and for volume

** SPY 89-day EMA, not yet tagged from above, even though the early
December intraday low was very close to the 89

chart #2 - the S&P 500 daily net delta between Advancing & Declining issues
can be monitored using the lower portion of this daily chart -

* a daily negative 256 print on Dec 9 by the S&P 500 net delta A-D

stockcharts.com

repeated SPY daily -

stockcharts.com

* one unfilled gap to a prior daily close is marked with a gold-colored H line

* 100-day SMA vigilance, just in case ...only the magician knows