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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (1103)1/8/2023 5:56:06 PM
From: robert b furman  Respond to of 1309
 
Hi Rim,

No problem.

Those posts you note advancing breadth also coincide with my climax daily studies which have been very negative of late, and have very recently reversed.

Those show the early October period to have been marked with a lot of retail selling, followed by a lot of tax loss selling into the late December time period.

Since 12/30 we've had a nice spike in buying at value levels for many stocks.

Your chart references support that a change of order flow has switched just recently IMO, yet bull bear emotions still seem skewed to fear.

Didn't mean to take a lazy approach, as you call it, just noted a similar switch in buying patterns from a climax study done on the Dow 30 stocks utilizing OBV.

No need for open dialogue or exchange here, as your time is finite - Mine is as well.

I understand and accept a thread to record observations for one's record.

Didn't mean to bump into your personal notes/records.

Will move on and wish you the best of trades as well.

Bob