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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 (650)6/6/2022 4:23:23 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 1309
 
4115.75 = daily $SPX 5,1 EMA value, as of Monday June 6 close
vs.
4121.43 June 6 close

NYSE 51.75% Advancers & 43.2% Decliners

Nasdaq 46.6% Advancers & 47.5% Decliners

what develops for the $OEX daily closes chart will likely reliably guide our trade direction
for US equities -

stockcharts.com





To: rimshot who wrote (650)6/13/2022 10:22:09 AM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 1309
 
SPY weekly closes chart since 2007 vs. three selected moving averages -

stockcharts.com

* price first eventually bounces back above the 89-week EMA during bull market phases,
while SPY remains below all three moving averages during bear market phases

* in addition, bear market phases are characterized by weekly closes remaining below
a declining 21-week SMA

Note - stockcharts.com downward adjusts the SPY price history by the amount of each quarterly
dividend ... another dividend is paid on the 3rd Friday in June 2022