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

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ajtj99
To: rimshot who wrote (704)7/27/2022 1:54:52 PM
From: rimshot1 Recommendation  Read Replies (1) of 1309
 
US equity market bulls have further upward movement to achieve in future days
by the $OEX Silver Cross condition -

stockcharts.com

31% was the June 2022 high

27% is the July high, so far

a "silver cross" is a positive 20 vs. 50-day EMA crossover, so the "Silver Cross Index"
measures the percentage of components in an index that currently have
their 20-day EMA's above their 50-day EMA's
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