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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot

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To: rimshot who wrote (200)1/25/2022 3:44:46 PM
From: rimshot  Read Replies (1) of 1309
 
$SPX two-day hug of the daily 50,3 lower Bollinger Band is likely a reliable warning to
bulls more than representing a "buy the dip" for multi-day holds signal

the LBB value is oscillating today between approx. 4352 and 4367

here is the 5-year history for the SPY 50,3 %B -

stockcharts.com

Note - the other BB settings shown on this chart are 50,2
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