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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 (722)8/16/2022 7:09:35 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 1309
 
$SPX daily with PPO 1,50 setting as suggested by Tom McClellan -

stockcharts.com

Tom McClellan tweet, August 15 after market close -

" Stock market has had a good run, but is now arguably overbought.
SP500 is extended well above its 50EMA.

Choose daily PPO as an indicator, then set parameters as (1,50)
to show percent deviation from that EMA.

Most over bought since just after Covid. "