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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 (281)2/7/2022 9:05:27 AM
From: rimshot  Respond to of 1309
 
3-min SPY chart zoomed to show the range since Thursday Feb 3 afternoon's close:
with 5-day look back for Volume by Price profile shown in the right margin

price candles start at slightly before Thursday's 4:00 pm ET close and are updated for soon after
Friday's Feb 4 day session close

452.33 = 21-day SMA value as of the Feb 4 close, using only price action during the
day session hours for the calculation
** price action declined and remained below the 21-day SMA
once the action failed to hold above the 21

449.86 = Volume Point of Control, using the 5-day look back

Note - to be consistent with $SPX chart comparisons, the SPY price action is NOT dividend-adjusted
for the price impact of quarterly dividends as the StockChart's default setting achieves ...
the result is the moving average values shown below as horizontals taken from the daily chart
are not the same values as shown at StockCharts.com

below chart #1 is SPY for the entire week's price action

* time stamps are Central time, left mouse click on chart to enlarge view



30-min SPY chart with 5.25-day Volume by Price profile shown in the right margin -

* price action starts Sunday afternoon and ends shortly after the Friday Feb 4th 4:00 pm ET close,

and the black background is when each day session occurs

450.17 = Volume Point of Control, using the 5.25-day look back ( see the red horizontal line in the right margin )

* time stamps are Central time, left mouse click on chart to enlarge view