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	<title>
	Comments on: QQQ &#038; SPY Bounce Back to Resistance	</title>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/qqq-spy-bounce-back-resistance-2/#comment-11456</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Thu, 09 Nov 2017 19:58:03 +0000</pubDate>
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					<description><![CDATA[&lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Props: Something that is said to publicly thank and give special attention to someone for doing something; credit or recognition (source: Merriam-Webster)&#039;&gt;Props&lt;/abbr&gt; to &lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/david-k/&#039; rel=&#039;nofollow&#039;&gt;@david-k&lt;/a&gt; for pointing out the backtest of the recently broken &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; line on the SPY 60-minute chart. Also note that the 60-minute trend indicators are close to both flipping from bullish to bearish on any additional downside from here:
&lt;!-- copy and paste. Modify height and width if desired. --&gt; &lt;a href=&quot;https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/21be0290-861a-4265-9f98-43f028f08fe6/SPY%2060-min%20Nov%209th.png&quot; rel=&quot;nofollow ugc&quot;&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/21be0290-861a-4265-9f98-43f028f08fe6/SPY%2060-min%20Nov%209th.png&quot; width=&quot;1057&quot; height=&quot;817&quot; border=&quot;0&quot; /&gt;&lt;/a&gt;]]></description>
			<content:encoded><![CDATA[<p><abbr class='c2c-text-hover' title='Props: Something that is said to publicly thank and give special attention to someone for doing something; credit or recognition (source: Merriam-Webster)'>Props</abbr> to <a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/david-k/' rel='nofollow'>@david-k</a> for pointing out the backtest of the recently broken <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> line on the SPY 60-minute chart. Also note that the 60-minute trend indicators are close to both flipping from bullish to bearish on any additional downside from here:<br />
<!-- copy and paste. Modify height and width if desired. --> <a href="https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/21be0290-861a-4265-9f98-43f028f08fe6/SPY%2060-min%20Nov%209th.png" rel="nofollow ugc"><img class="embeddedObject" src="https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/21be0290-861a-4265-9f98-43f028f08fe6/SPY%2060-min%20Nov%209th.png" width="1057" height="817" border="0" /></a></p>
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