got out at the bottom of COVID and havent gotten back in yet?
because its just as scary getting in when the price action goes parabolic just like my desperation while eating wings at Hooters??? 😢
i don’t know how the S&P and Nasdaq keep grinding higher without taking a breath. i am long term bullish but this “needs” to pullback.
which it may not but, i really think it will!!! but it hasn’t …
in lieu of a single-minded relentless advance upward, the ranges seem to be smaller. i would think it should upthrust here through $15,134.00 and fail and breakthrough the minor support at $14,774.25 but i think it seems more likely to breakthrough the top and keep grinding higher since its hugging the top of this range like those uniforms hug those angels working at Hooters. 😇
if it hits the top of this channel i expect it to retrace past the centerline. if you want to get in on a pull back get in below the centerline and if you are above $13,898.25 use that support line as stop loss and if you get in below $13,898.25 use the bottom of the trend channel as a support line / stop loss.
this ofc assume you want to listen to some schmuck on the interwebs and if you want to get in a fund like QQQ that models the NQ.
i don’t know how the S&P and Nasdaq keep grinding higher without taking a breath. i am long term bullish but this “needs” to pullback.
which it may not but, i really think it will!!! but it hasn’t …
in lieu of a single-minded relentless advance upward, the ranges seem to be smaller. i would think it should upthrust here through $15,134.00 and fail and breakthrough the minor support at $14,774.25 but i think it seems more likely to breakthrough the top and keep grinding higher since its hugging the top of this range like those uniforms hug those angels working at Hooters. 😇
if it hits the top of this channel i expect it to retrace past the centerline. if you want to get in on a pull back get in below the centerline and if you are above $13,898.25 use that support line as stop loss and if you get in below $13,898.25 use the bottom of the trend channel as a support line / stop loss.
this ofc assume you want to listen to some schmuck on the interwebs and if you want to get in a fund like QQQ that models the NQ.