ArcadiaTrading

$QQQ $SPY BEAR LACK Follow Through, Key Levels to Watch

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
- $SPY $QQQ bear had all its chances to bring QQQ down after a bear break this morning out of the tightening range we had in the last 4 days but bears couldn't follow through.

- Want to see QQQ Bulls gain back its hourly uptrend and break above 308 area of resistance.

- want to see XLF / KRE bounce for SPY & SPX to break out of its equilibrium bull. of course vice versa for the bears.

- zero red flags on the daily time frame for SOXX / SMH / QQQ


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