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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 (397)	2/26/2022 7:34:47 PM
From: rimshot	2 Recommendations Recommended By ajtj99 Lou Weed Read Replies (2) \| Respond to of 1309

QQQ has the largest percentage of short interest since 2018. More than in March 2020. pbs.twimg.com - source is Bloomberg, displaying Markit data ======================================= personal note: lower highs momentum negative divergence ( daily RSI-14 ) vs. QQQ very near-term higher highs price action as of the final week in December 2021 provided adequate evidence for initiating short selling at that time ... while the opposite chart setup is now the case ( now briefly displaying higher lows by the daily RSI-14 ) stockcharts.com