Yesterday some people posted how QQQ and SPY broke out of a "BULLFLAG". At the same time I posted qqq was forming a rising wedge. Look at yesterday's closing volume , you ever seen a bullflag with low breakout volume? IT NEVER HAPPENS! Always pay attention to volume they (MM) can't hide there intentions when yoy watch volume..
Pattern is now resembling a broadening wedge and I believe with a 80% certainty we are headed back to 294 support.
From there we'll see what happens..
All stop losses set at 304
Pattern is now resembling a broadening wedge and I believe with a 80% certainty we are headed back to 294 support.
From there we'll see what happens..
All stop losses set at 304
297