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rimshot

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rimshot

Re: rimshot post# 289

Wednesday, 05/27/2020 11:54:34 AM

Wednesday, May 27, 2020 11:54:34 AM

Post# of 368
$OEX 5-minute Volume Weighted Average Price
(VWAP)
is defining every bounce high taking place this morning,
at which point the downside reversal of each
5-minute price bar takes place

which is near-term Bearish for SPY, $SPX and $OEX until proven otherwise by
$OEX price action actually holding back above the VWAP

=============

here is the $OEX daily Perma Link for paying SC subscribers,
showing today's decline filling a previously unfilled Gap Up -

https://stockcharts.com/h-sc/ui?s=%24OEX&p=D&yr=0&mn=7&dy=0&id=p91187809744&a=340963636

=============

will $SPX eventually achieve a daily close
which surpasses its 200-day SMA?

$SPX daily closes chart -

https://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=0&mn=5&dy=0&i=p04582873451&a=581747427&r=1590524430743

3000.37 = $SPX 200-day SMA at this moment, mid-day May 27 eastern time

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

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