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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 (546)4/20/2022 4:06:10 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Respond to of 1309
 
staying short overnight any $SPX-related trading products has minimum risk
that an additional upward move to 4492 $SPX level is possible ... with any
potential low possible in coming days / weeks

today's April 20 high was less than 4 points below 4492 ...

the risk/reward math favors the bears at least in the very near term

* bulls need a lasting hold above 4492



To: rimshot who wrote (546)4/21/2022 11:19:49 AM
From: rimshot  Read Replies (1) | Respond to of 1309
 
SPY 446.83 = must hold adaptive value from the 1-min

446.72 = new LOD just now printed



To: rimshot who wrote (546)4/21/2022 12:28:21 PM
From: rimshot  Read Replies (1) | Respond to of 1309
 
4451.81 = $SPX 34-day EMA now being tested from above

4448.49 = current LOD so far, April 21

/ES 4449.60 = approx. 50-day EMA current value