ArcadiaTrading

AAPL/MFST Key Resistance for $QQQ. XLF Houly Bullflag, 25BPS

Alış
AMEX:XLF   SPDR Select Sector Fund - Financial
- 7.5% move on QQQ/NASDAQ in 4 days. AAPL and MSFT now hitting key resistance, will be watching to see if it can break above or not for QQQ to continue.

- likely a slight pullback hourly consolidation for QQQ before attempting another leg up.

- after ECB hiked 0.5% this morning our rate hike of 25Bps increased to 80% chance this morning.

- XLF hourly bullflag still possible need to see bulls show up and hold above 0.382 fib

- as long as hourly trend is intact for the bulls on QQQ / SPY / SPX there is no red flag at all for the bulls.

Feragatname

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