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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 (291)	2/7/2022 11:26:32 AM
From: rimshot	Read Replies (1) \| Respond to of 1309

QQQ 357.12 = 60-min 50-period SMA now being tested from above, high odds it will actually provide support here, at least for a few mins 357.16 = LOD, so far, just now printed 358.19 now printing 11:26 a.m. ET, Monday Feb 7

To: rimshot who wrote (291)	2/7/2022 4:32:01 PM
From: rimshot	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 1309

QQQ - as of 4:30 p.m. ET Feb 7, only 56,885 shortable shares are currently in inventory at Fidelity QQQ was on hard-to-borrow status last week with ever decreasing size for the # of shortable shares at Fidelity, and Monday's early shortable quantity was about 150k more than currently, meaning shortable shares are ever decreasing in size since 8 a.m. ET today, so folks continue to load up with QQQ shares in new short positions as of 10:15 a.m. ET, only 229,575 shortable shares are currently in inventory at Fidelity, and once it goes to zero amount we only have 1.5 to 2.75 days before a short squeeze becomes ever more likely though not guaranteed ... based on history over many years