ArcadiaTrading

KEY TOP WATCH $QQQ Equilibrium Pattern Tomorrow

Corto
AMEX:SPY   SPDR S&P 500 ETF TRUST
- QQQ equilibrium pattern is going to be key break for which direction market is going the next couple days,

- XLF KRE bear break to new lows will break QQQ equilibrium bear and then drag SPY down even more.

- Yellen flip flop - no deposit guarantee yesterday to today it will be. (the more they flip flop back and forth the more we see them as less confident)

- SOXX / SMH semi sector also helping QQQ with such a strong move up, QQQ bear break will likely mark a temporary top on this sector. need to see NVDA drop too.

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