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March 16th, 2022: SP-500, IWM and QQQ End of Day Chart Update

Posted by pugsma on March 16, 2022

4:30 pm EST: That was a very bullish rally from the post Fed announcement level at 4252 into the close at 4358. The SP500 has now broken above the upper most down channel from the January 4th 4819 high. Some follow through is needed to break the key 4417 level to fully confirm the primary (white/green) count.

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

IWM 60-min chart:

IWM Technical Analysis

QQQ 60-min chart:

QQQ Technical Analysis

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