$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
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Just a dude highly interested in the financial markets who wants to share helpful info along the journey.
312Followers
13Following
798Visitors
Follow
gooood1o : wrong
Derpy Trades OP gooood1o : OK. Wait and see. If I'm right, you should subscribe to my channel.
gooood1o Derpy Trades OP : wrong
gooood1o gooood1o : You were wrong. Pay up.
Derpy Trades OP gooood1o : You think we're already out of the woods?
I have given upside and downside targets.
Derpy Trades OP gooood1o : I was early by one week
Have you subscribed yet?
gooood1o Derpy Trades OP : Once again, you were wrong. Stop coming back.
Derpy Trades OP gooood1o : So QQQ didn't drop by 21 points from the recent high? 🧌
gooood1o Derpy Trades OP : Everything on earth drops 0.0000001% after a new ATH. Still gaining. Get off here noob.
Derpy Trades OP gooood1o :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
This has far more to do with the technical level it touched than it simply "reaching a new ATH."
View more comments...