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	Comments on: SPY &#038; QQQ In Bounce Target Zones	</title>
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		<title>
		By: mSquare		</title>
		<link>https://rightsideofthechart.com/spy-qqq-in-bounce-target-zones/#comment-22066</link>

		<dc:creator><![CDATA[mSquare]]></dc:creator>
		<pubDate>Thu, 20 May 2021 14:07:58 +0000</pubDate>
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					<description><![CDATA[Now that SPY above your top $413.30 and QQQs above $327, do we stop out of PUTs we have been buying as one more bounce is bought or you would give it more room before stop out?]]></description>
			<content:encoded><![CDATA[<p>Now that SPY above your top $413.30 and QQQs above $327, do we stop out of PUTs we have been buying as one more bounce is bought or you would give it more room before stop out?</p>
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		<title>
		By: Scott		</title>
		<link>https://rightsideofthechart.com/spy-qqq-in-bounce-target-zones/#comment-22065</link>

		<dc:creator><![CDATA[Scott]]></dc:creator>
		<pubDate>Thu, 20 May 2021 13:13:45 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-in-bounce-target-zones/#comment-22064&quot;&gt;rsotc&lt;/a&gt;.

Agreed. Those downward sloping TLs on top are the ones to watch today.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-in-bounce-target-zones/#comment-22064">rsotc</a>.</p>
<p>Agreed. Those downward sloping TLs on top are the ones to watch today.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/spy-qqq-in-bounce-target-zones/#comment-22064</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 20 May 2021 13:13:01 +0000</pubDate>
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					<description><![CDATA[I just added a &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; line to the SPY 60-minute chart that is comparable to the 60m downtrend line on QQQ. Both key levels to watch &amp; objective shorting opps, if SPY and/or QQQ rally up to those levels.]]></description>
			<content:encoded><![CDATA[<p>I just added a <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line to the SPY 60-minute chart that is comparable to the 60m downtrend line on QQQ. Both key levels to watch &#038; objective shorting opps, if SPY and/or QQQ rally up to those levels.</p>
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