The NASDAQ-100 (QQQ) pulls back from its highs after reaching overbought territory. But the damage is already done. A new intermediate-term rally is now inevitable.
NASDAQ-100 Retreats from its Highs, But Damage done to the bears & Rally Inevitable Read Post »
Stocks stall at overbought conditions. But signs point toward an intermediate-term breakout is right around the corner.
SPY/QQQ Stall At Resistance; But Intermediate-Term Rally Likely on Horizon Read Post »
The NASDAQ-100 (QQQ) has reached its key breakout point at $540 a share as the SPY closes in at $610. If the markets are able to push through support, we could see the start of a new massive 20% rally.
NASDAQ & SPY Reach Critical Breakout Point; New Intermediate-Term Rally at Stake Read Post »
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NASDAQ-100 within Striking distance of All-Time Highs; Nvidia Closing its Deep Seek Gap Read Post »
Note we are only closing out 1 out of 3 contracts in the spread. We’re not closing out the entire
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NASDAQ-100 & the other indices make a breakout push through a key band of resistance.