Comments on: SPY & QQQ Gaps Backfilled 8-4-25 https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/ Stock Trading, Investing & Market Analysis Wed, 06 Aug 2025 15:02:37 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Pbathula https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36566 Wed, 06 Aug 2025 15:02:37 +0000 https://rightsideofthechart.com/?p=217707#comment-36566 @rsotc, what do you think GDX now?

]]> By: Pbathula https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36565 Wed, 06 Aug 2025 14:05:29 +0000 https://rightsideofthechart.com/?p=217707#comment-36565 Any one can post gdx target

]]> By: EMFO https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36564 Wed, 06 Aug 2025 12:49:54 +0000 https://rightsideofthechart.com/?p=217707#comment-36564 In reply to EMFO.

Please also prove the daily and weekly. Thank you !

]]> By: EMFO https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36563 Wed, 06 Aug 2025 10:26:33 +0000 https://rightsideofthechart.com/?p=217707#comment-36563 @rsotc Hi Randy, please provide latest daily and hourly marked up charts for the RTY and IWM. Thank you

]]> By: HermonMunster https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36562 Tue, 05 Aug 2025 23:09:36 +0000 https://rightsideofthechart.com/?p=217707#comment-36562 Hi @rsotc ,
Any update on the grains? Corn and WEAT seems to be getting close to burning through divergent lows. Wheat futures are about 1.4% away from the 2024 bottom. I’m only down about 1% in both so I guess it’s worth holding to see if we drift lower then bounce.

Also, not sure if you heard, but no tourists in Vegas is trending. People are posting videos of empty streets on saturday nights. I think the market already knows what’s. MGM,CZR, WYNN either just had divergent highs or about to get there.

If WYNN can power up another 3% I will take a shorter.

]]> By: rsotc https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36560 Tue, 05 Aug 2025 19:41:00 +0000 https://rightsideofthechart.com/?p=217707#comment-36560 In reply to Alan.

Agreed: ACN offers an objective long entry around the 242.50ish support with stops somewhat below, allowing a little room for a false break below. Here’s my daily chart with initial price targets.

]]> By: HermonMunster https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36558 Tue, 05 Aug 2025 15:51:56 +0000 https://rightsideofthechart.com/?p=217707#comment-36558 good call on potential pullback from the gap closing. up 2.20% on SQQQ purchased yesterday. I meant to mention it yesterday but DBA is in a divergent low.

]]> By: Alan https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36557 Tue, 05 Aug 2025 14:37:20 +0000 https://rightsideofthechart.com/?p=217707#comment-36557 @randy , is ACN a buy here in the 240’s. Near its 2022 low.

]]> By: rsotc https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36556 Tue, 05 Aug 2025 14:27:18 +0000 https://rightsideofthechart.com/?p=217707#comment-36556 In reply to hotrodricky.

Not really any well-defined resistance levels above the gap but QQQ & SPY only made slight momo-fueled overshoots of their respective gaps so far & are current trading at the top of the gap. More so, both are still very much below the recently broken uptrend lines & tops of last week’s bearish engulfing candlesticks, which were & still are the primary reasons to be short at this time. i.e.- no change in the technical posture or my outlook for the stock market at this time.

]]> By: Pbathula https://rightsideofthechart.com/spy-qqq-gaps-backfilled-8-4-25/#comment-36555 Tue, 05 Aug 2025 13:43:31 +0000 https://rightsideofthechart.com/?p=217707#comment-36555 GDX…. flying

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