Sounds like technology stocks. I'm flat here. We may blow through the HOD, but my model says it's unlikely, so I'm not going to push it today in case it actually works. NQ is still lagging behind, so I'm not convinced there's enough strength to push higher today.
I'm not sure if qqq is the one to look at anymore. small caps showing relative strength, and it's been sideways for over a month. one concern I do have is it has a very concentrated stack of weekly moving averages directly above, but it has cut through those levels like hot knife on butter before, so we'll see.. In any case, I'm long spx, since that's the one with highest short interest.
And as always, 2 hours too late. Jesus, with a 2 hour posting time delay, even I could be a profitable trader!
I was about to say . The dude is always after the fact . It’s damm amazing . If this does this then we go down . If it does this we go up . So after the move he says” See it did exactly as i said” .