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Re: rimshot post# 79

Tuesday, 05/26/2020 4:50:51 PM

Tuesday, May 26, 2020 4:50:51 PM

Post# of 368
SPY 299.67 = 150-day SMA at Tuesday's May 26, 2020 close
SPY 299.64 = 150-day SMA at Friday's close

SPY 150-day SMA is a powerful bull/bear pivot chart location...

time will tell whether bulls have the Staying Power to hold price for 37 trading hours above the 150-day SMA
once above it in the future

charting $SPX or the /ES emini futures for this vigilance item is not as reliable as SPY in my experience,
even though briefing.com keeps its paying subscribers updated on the $SPX 150-day SMA vs. daily closes


* time is our most under appreciated & valuable asset, lest we squander it *

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