SPY & QQQ Bull Break - Can we Trust this Move?
- SPY trading double top at FOMC reaction highs from April
- QQQ Clear breakout but AAPL didn't participate that much
- Money rotating from AAPL into GOOGL and AMZN
- NASDAQ rising wedge still in play, but QQQ broke out of the rising wedge
- SOXX semi sector at potential H&S resistance, if it breaks out will give QQQ more fuel for upside.
- NVDA new 52 week high in sell zone now.
- QQQ Clear breakout but AAPL didn't participate that much
- Money rotating from AAPL into GOOGL and AMZN
- NASDAQ rising wedge still in play, but QQQ broke out of the rising wedge
- SOXX semi sector at potential H&S resistance, if it breaks out will give QQQ more fuel for upside.
- NVDA new 52 week high in sell zone now.
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