SPY & QQQ Key Zone to watch
- Does QQQ hourly oversold mark the bottom of the daily consolidation low or bear take it lower tomorrow?
- March 28 hourly oversold on QQQ marked the bottom of that consolidation and we had a large bounce.
- SPY closed around yesterdays lows which is in the resistance zone
- took profit on my SOXS this morning re-added on the hourly bounce. SMH/SOXX still weaker then QQQ
- March 28 hourly oversold on QQQ marked the bottom of that consolidation and we had a large bounce.
- SPY closed around yesterdays lows which is in the resistance zone
- took profit on my SOXS this morning re-added on the hourly bounce. SMH/SOXX still weaker then QQQ
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