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SPY & QQQ Key Zone to watch
Invesco QQQ Trust, Series 1
Short
SPY & QQQ Key Zone to watch
By ArcadiaTrading
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Apr 5, 2023
1
Apr 5, 2023
- Does QQQ hourly oversold mark the bottom of the daily consolidation low or bear take it lower tomorrow?
- March 28 hourly oversold on QQQ marked the bottom of that consolidation and we had a large bounce.
- SPY closed around yesterdays lows which is in the resistance zone
- took profit on my SOXS this morning re-added on the hourly bounce. SMH/SOXX still weaker then QQQ
Chart Patterns
Technical Indicators
nasdaq
QQQ
SMH
SOXS
SOXX
SPX (S&P 500 Index)
S&P 500 (SPX500)
SPDR S&P 500 ETF (SPY)
SQQQ
Trend Analysis
ArcadiaTrading
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Related publications
SPY Daily Consolidation Resistance Zone 411-415
by ArcadiaTrading
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