Yesterday's Close?

Discussion in 'Index Futures' started by PennySnatch, May 7, 2024.

  1. %%
    GOOD, many months are different\ SEPT usually down in SPY\QQQ[DOW 30];
    noticed a difference in SPY selling hard below 50dma, even when its above 200dma=bull market.
    MAYbe not be as good a downmoVe as SPY down move\down below 50dma in APR:caution::caution:
    barchart.com has a 48% buy on ES; 72% buy on SPY/72% buy on SPXL\72% sell on SH.
    Measure everything in sight............................................
     
    #21     May 8, 2024
    Rams Fan likes this.
  2. Thank you everyone who responded to my question. There were/are some good takeaways for me. Right now ES is at 5230. Yesterday's close is 5212. 18 points down? We shall wait and see.
     
    #22     May 9, 2024
    murray t turtle likes this.
  3. SunTrader

    SunTrader

    That ship has sailed.

    It already traded during 1st 30 minutes of today's RTH session below yesterday's settlement and close. Then trade back above.
     
    #23     May 9, 2024
    Rams Fan likes this.
  4. OK Sun you get one.
     
    #24     May 9, 2024
  5. Hanama

    Hanama

    I guess I missed the point
     
    #25     May 9, 2024
    murray t turtle likes this.
  6. SunTrader

    SunTrader

    Did you read the OP?
     
    #26     May 9, 2024
    murray t turtle likes this.
  7. %%
    EXactly;
    but I sometimes use more = ES or UPRO as a benchmark.
    SH open + close , but that's inVerse of SPY, close + open, not just open $$.
    An inVestor may want VOO/lower fees/ but worse liquidity....................................:D:D
     
    #27     May 10, 2024
    Rams Fan likes this.