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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 (1045)	12/6/2022 3:03:28 PM
From: rimshot	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 1309

SPY 393.35 = adaptive all-hours chart element which must be surpassed by intraday bounces today, or SPY heads back down value is accurate for no more than 18 minutes, depending on speed of current price changes

To: rimshot who wrote (1045)	12/7/2022 11:31:47 AM
From: rimshot	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 1309

SPY 20-day EMA = today's December 7 resistance region at today's 395.64 high of day, so far * the declining 150-day SMA is a possible down target #3 today or in future days, resting below today's 391.97 low of day, so far 1749.00 = $OEX low of day, so far ... a firmly bearish daily chart based on violating and now holding below the prior multi-week intraday price lows ... will this chart condition continue? $OEX daily - stockcharts.com