Comments on: SPY, QQQ & /NQ Rally Into Price Targets

By: Nana

Nana — Fri, 20 Mar 2020 15:00:07 +0000

@rsotc Randy, Do you think now QQQ will hit T2 today..Based on current trend..

By: viveksahay

viveksahay — Fri, 20 Mar 2020 14:10:11 +0000

Randy – why cant we look at the current rally as some sort of a bear flag ?

By: TJS

TJS — Fri, 20 Mar 2020 14:04:26 +0000

In reply to biggrintx. what platform are you using?

By: kylehusky

kylehusky — Fri, 20 Mar 2020 14:04:12 +0000

Great format! Nice and clear !

By: biggrintx

biggrintx — Fri, 20 Mar 2020 13:58:21 +0000

Randy, the trading platform I use does not supply pre/post market activity, so my trend lines on SPY and QQQ do not match what is in this post. Essentially I show the breakout and backtest on my futures charts but the opening price for both SPY and QQQ are positioned underneath the trendline instead of being a breakout/backtest due to the compression of time. Thoughts on how to rectify, or will futures action always hold more weight over the ETF because of this difference?

By: georgebetz

georgebetz — Fri, 20 Mar 2020 13:50:19 +0000

In reply to Flanny3. Comments as to which of the major indices are the weakest to short or strongest to go long would be appreciated.

By: Nana

Nana — Fri, 20 Mar 2020 13:24:13 +0000

Thanks Randy…

By: Flanny3

Flanny3 — Fri, 20 Mar 2020 13:23:42 +0000

@rsotc
Any chance that you can begin to cover small caps/IWM in these macro analyses? more bang for one’s buck/moves a bit more?