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$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$ Just...

$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ Just a thought. I always like to point out that symmetrical triangles often have a false breakout, followed by the real move. If QQQ breaks resistance then its upside target is ~550. But, and this should be considered, what if this symmetrical triangle is having a false breakout, JUST hit the previous, main support line of the massive rising wedge pattern now acting as resistance, and the rising wedge finally plays out fully when the bulls can push price no higher? IF that happens, we would expect QQQ to fall to around 400 likely over the course of multiple weeks.
The previous support line on SPY will be around 580, and I believe SPY will have to get above that for further continuation up to ~625. Otherwise, I would expect it to go down to around 495.
Updated market analysis video coming out Sunday!
Best of luck, and God bless!
$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$ Just a thought. I always like to point out that symmetrical triangles often have a false breakout, follo...
$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$ Just a thought. I always like to point out that symmetrical triangles often have a false breakout, follo...
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    Just a dude highly interested in the financial markets who wants to share helpful info along the journey.
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