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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 (138)12/20/2021 11:18:55 AM
From: rimshot  Respond to of 1309
 
$SPX bounces are failing precisely at the 3-minute downward sloping 20-period SMA,
in 100% of the times $SPX bounced that high since the cash market open

sequence of new intraday lows for $SPX starting Friday, Dec 17:

4600.22 Friday LOD / Monday >> 4545.46, 4540.05, 4533.67, 4532.83



To: rimshot who wrote (138)12/20/2021 1:42:12 PM
From: rimshot  Read Replies (1) | Respond to of 1309
 
SPY 453.96 most current bounce high = resistance at 453.96 precisely

see 1-min chart

$SPX equivalent is 4557.01 = most current bounce high, just slightly below an a.m. bounce high


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