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

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To: rimshot who wrote (1065)6/10/2023 11:49:22 AM
From: rimshot1 Recommendation

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/ES futures -- Friday June 9, 2023 end of day update

* data below as of 4:00 pm ET

* The June /ES contract closed June 9 at 4307.50
S&P 500 cash index closed June 9 at 4298.86

* June contract vs. September contract comparison:

the September 2023 /ES contract now trades at a 43.75
premium to where the June /ES contract closed on Friday June 9 afternoon

The ongoing rollover event to the September 2023 /ES emini futures contract
price action will be reflected in next week's price charts at ToS starting
at Sunday evening's Open


S&P 500 index, Nasdaq 100 index, S&P 100 index are all hugging the
rising daily 55,2.1 upper Bollinger Band ... bulls do NOT want to see future
declines showing large distances below the upper BB
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