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

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To: rimshot who wrote (1013)11/28/2022 9:23:50 AM
From: rimshot1 Recommendation

Recommended By
ajtj99

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21-day SMA smoothing of the S&P 500 daily McClellan Oscillator may
be rolling over for at least the medium term period, and topping where
it topped at its prior high region ( no chart included here )

Friday November 25, 2022 chart snapshots showing the technical
context for the current event in which $NYSI briefly rests above its zero line
( chart author is Dave Breslaw, technicalwatch.com ) -

* the cumulative NYSE A-D issues breadth line & the cumulative NYSE A-D volume breadth
line both remain below their important 200-day EMA, meaning the US equity market
bears have the edge until this chart condition changes



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