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

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To: rimshot who wrote (150)12/11/2022 10:13:36 AM
From: rimshot2 Recommendations

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$3.2 Billion - Market on Close selling imbalance - Friday December 9, 2022 as of 3:51 pm Eastern

* $2.3 to $9.5 Billion represents historical large or extreme size for selling imbalances

** in the first 13 trading days of January 2016, the size of the MOC sell imbalances was larger than usual ...
and was seen for consecutive days which is a highly rare event

SPY daily chart showing Friday's close below the 20-day EMA, while resting above the 100-day SMA ( 391.56 ) -

$SPX weekly chart showing Friday's close rests above the 34-week EMA ( 3865.83 ) -
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