$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$ Cal...
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ Call me a permabear, call me whatever you want, but both SPY and QQQ are very close to their previous, MAIN ascending support lines of the massive rising wedges, which could now act as resistance. At the same time there is a multi-day rising wedge on the ADD, plus DXY getting closer to its key level around 103.80, where it would be likely to bounce. Thats confluence. Can I be wrong? Absolutely, but this exuberance will run out eventually.
Derpy Trades
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TopNavs : wrong
Derpy Trades OP TopNavs : OK. Wait and see. If I'm right, you should subscribe to my channel.
TopNavs Derpy Trades OP : wrong
TopNavs TopNavs : You were wrong. Pay up.
Derpy Trades OP TopNavs : You think we're already out of the woods? I have given upside and downside targets.
Derpy Trades OP TopNavs : I was early by one week Have you subscribed yet?
TopNavs Derpy Trades OP : Once again, you were wrong. Stop coming back.
Derpy Trades OP TopNavs : So QQQ didn't drop by 21 points from the recent high? 🧌
TopNavs Derpy Trades OP : Everything on earth drops 0.0000001% after a new ATH. Still gaining. Get off here noob.
Derpy Trades OP TopNavs : This has far more to do with the technical level it touched than it simply "reaching a new ATH."
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