Comments on: /NQ & QQQ Upper Bounce Targets Hit https://rightsideofthechart.com/nq-qqq-upper-bounce-targets-hit/ Stock Trading, Investing & Market Analysis Wed, 28 Feb 2024 16:30:08 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Jeff Vandenburgh https://rightsideofthechart.com/nq-qqq-upper-bounce-targets-hit/#comment-28456 Thu, 22 Jun 2023 19:27:20 +0000 https://rightsideofthechart.com/?p=211784#comment-28456 Incredible strength in AAPL and AMZN today, and also huge buy-the-dip rallies in GOOGL, MSFT, and TSLA. We really need to see this impulsive buying get faded before tomorrow’s close in order to remain bearish. Otherwise, this 3-day dip was, once again, another buying opportunity in an extremely persistent uptrend that a majority of investors are still not participating in. CTFC shows SPX short positioning is still near record highs. The real contrarian traders aren’t yet shorting this market. It’s dumb money that’s short.

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