One could give QQQ the benefit of the doubt as far as staying in the official congestion area, but the 297 March 7 low is the real issue. 297 looks formidable on the weekly chart, but 288 or so was my initial projection of the current weakness and at 275, the 52 week moving average… Continue reading 3/25/21 Afternoon Signals XLH
Day: March 25, 2021
3/25/21 Current Signals xMM
IWM has been quite weak for the last few days. All three of the big guys are sitting near support areas which seem to have good chances for failing. If IWM moves sharply below 204 a dreaded megaphone pattern will emerge. Anyone buying LABU in early February to get enough money to buy a new… Continue reading 3/25/21 Current Signals xMM