$SPY net highs/lows remains in negative terorrity (-65) on a -ve turned +ve session. Major indexes trimmed their losses to end the week <0.2%, with only $QQQ ended on -1.9%.
The week ended with only Pharmceutical and Oil & Gas E&S closing at their week high.
Updated the stalk list as some setups from china names (eg. $DADA, $LI, $DDL, $YMM) did not hold, unlike others from the same group.
Thanks for reading.
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26/12/2022 market diary & playbook
– $SPY (+0.58%) net highs/lows -65
– indexes trimmed their weekly loss to <0.2%, $QQQ ended on -1.9%
– removal of broken down setups (ie $DADA, $LI, $DDL, $YMM). china group remains dominated in list
– $XES, $PPH industry group set week high pic.twitter.com/upBkR36aOA— Jeff Sun, CFTe (@jeffsuntrading) December 26, 2022
