Showing a small pennant here.
Sellers were weak today..
QQQ bounced off daily 21ema at 276
Dow Jones bounced off 200sma
I could breakout that pennant and close gap to 390
Or this pattern is a fake out.
Over 388 we close gal at 390..
ISM and jolt tomorrow at 10a.m
Sellers were weak today..
QQQ bounced off daily 21ema at 276
Dow Jones bounced off 200sma
I could breakout that pennant and close gap to 390
Or this pattern is a fake out.
Over 388 we close gal at 390..
ISM and jolt tomorrow at 10a.m
تعليق:
Before I forget ES (SPY futures) are overbought on 1hour and 15min.. This usually can lead to a 20-35 point pullback around the open... becareful chasing longs at the open... IMO either scalp or wait to 10 for direction.. good luck
Apple back up to 155 resistance
Msft back up to 234 resistance
Tesla looks really bullish over 230 , meaning it has no resistance until 250.
Amazon looks like it wants to close that earnings gap.
PFE looks bullish to 50$..
Keep in my the economic news at 10a.m
If the market doesn't pullback I'll be playing Amazon or tesla.. But I'm waiting till 10..