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

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To: rimshot who wrote (675)7/24/2022 4:11:50 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

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S&P 500 index very briefly tested the 63-day SMA from below this week ending
July 22nd ... for the 1st time in weeks -

63-days = three calendar months of price action

Note -during the recent 9 years of daily chart history, the # of consecutive
days for which the $SPX remains below its daily 63,2 lower Bollinger Band

is no more than several weeks & usually much less ...

will this time be different? -

* see 63,2 %B for # of days below zero level for the actual lower Bollinger Band violation duration

stockcharts.com
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