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

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To: rimshot who wrote (858)11/27/2022 5:48:41 AM
From: rimshot  Read Replies (1) of 1234
S&P 500 index daily closes chart with 50,3 Bollinger Band setting
with key internals which optimally will eventually
display above positive 10% for each index
below negative 10% for each index
( Arthur Hill, CMT vigilance item from years ago )

* the S&P 500 Intermediate Breadth Momentum is considered
Over Bought when above positive 200 level,
based on decades of ITBM value history

chart #2 presents an alternate view of the daily $SPX price bars chart
the 63,2 Bollinger Band setting
and with the Carl & Erin Swenlin's ITBM and ITVM -

4048.91 = $SPX 600-day SMA current value, as of Friday November 25, 2022 ...
which is located above the November intraday price high, so far
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