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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 (97)12/14/2021 11:25:04 AM
From: rimshot  Read Replies (1) | Respond to of 1309
 
SPY 464.16 = 15-min 200-period SMA, which the majority of today's price action
is below


five trading vehicles now reside below their 200 SMA, as shown on this 15-min $NYAD chart -

stockcharts.com

HOD = 465.74 so far Dec 14
LOD = 461.065 so far

464.34 = 21-day SMA current value



To: rimshot who wrote (97)12/14/2021 1:25:57 PM
From: rimshot  Read Replies (1) | Respond to of 1309
 
4596.25 = /ES Dec 14 LOD so far ( March contract )

* which resides a decent distance below the December 2021 Monthly Pivot value of:

4621.75

* the VWAP test from below just after today's cash market open was one shorting oppt'y
* this week's weekly Pivot Value is above the now firmly violated Dec Monthly Pivot value, so bears have control