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

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To: rimshot who wrote (1062)12/12/2022 1:43:22 PM
From: rimshot2 Recommendations

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3998.50 = /ES session high, so far printed in the day session on Monday December 12

( identical to the SPY R1 intraday pivot value's chart location )

* /ES pricing is basis the March 2023 contract
( March is trading at 33.50 to 34.25
dollar amount of Premium to the December
contract over the period since Monday December 5, 2022 /
and a similar amount of Premium vs. the $SPX cash index price value /
Note that in most years the /ES trades at a Discount to the $SPX cash index at the time
of contract rollover and during the entire duration of the /ES contract until contract expiration when
the discount amount is null )
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