Perfect tag (Fri) & reversal (today) off the measured target of the H&S pattern on SPY. Previous (Friday’s) & today’s updated daily chart below.
SPY daily Oct 27th
SPY daily Oct 30th
Zooming down to the intraday time frames for active traders, /NQ (Nasdaq 100 futures) is approaching the intersecting downtrend + 14500ish price resistance on this 15-minute chart, where a minor reaction is likely followed by another leg up.
NQ 15m Oct 30th
QQQ is also coming up on the 351 resistance with a minor reaction likely followed by another thrust up to this 5-minute downtrend line.
QQQ 5m Oct 30th