Comments on: SPY, QQQ & XLK Backtesting Trendlines From Below https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/ Stock Trading, Investing & Market Analysis Thu, 01 Aug 2019 20:50:48 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Docs_Holiday https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6924 Thu, 01 Aug 2019 20:50:48 +0000 https://rightsideofthechart.com/?p=192315#comment-6924 Job well done Randy on the XLK read today. Thanks!

]]> By: rsotc https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6922 Thu, 01 Aug 2019 18:01:36 +0000 https://rightsideofthechart.com/?p=192315#comment-6922 In reply to Dan.

If that was a ‘tear your face off” rally earlier today, then the plunge that came following the backtest just after this video was published would have a be categorized as a “rip the skin off your entire body” selloff as it was twice as impulsive as the rally preceding it. As is quite often the case, news coincides with or follows the technicals.

]]> By: Dan https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6920 Thu, 01 Aug 2019 15:51:27 +0000 https://rightsideofthechart.com/?p=192315#comment-6920 They havent taken it accross the goal line, if they fail here that would be good and get follow through.
https://www.tradingview.com/x/zt2keHFp/

I think we are waiting on spy…thats my theory.

]]> By: FrancisQ https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6919 Thu, 01 Aug 2019 15:48:26 +0000 https://rightsideofthechart.com/?p=192315#comment-6919 In reply to Dan.

My feeling is that it “should” test the gap in QQQ, and the falling TL in SOXX, etc. And XLK can go to ATH.
.
These are the unfinished businesses. Just a slightly more upside of about 0.10 – 0.15%

]]> By: mic https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6918 Thu, 01 Aug 2019 15:47:39 +0000 https://rightsideofthechart.com/?p=192315#comment-6918 In reply to Dan.

ES testing hourly breakdown now. last hope i can see

]]> By: FrancisQ https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6917 Thu, 01 Aug 2019 15:46:32 +0000 https://rightsideofthechart.com/?p=192315#comment-6917 In reply to Dan.

Wait for an impulsive move before TL in XLK
https://www.tradingview.com/x/yN9lJg0S/

]]> By: Dan https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6916 Thu, 01 Aug 2019 15:46:29 +0000 https://rightsideofthechart.com/?p=192315#comment-6916 In reply to Dan.

I think we might be waiting for SPY to setup…its on 7 of 9 now..should be interesting.

]]> By: Dan https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6914 Thu, 01 Aug 2019 15:45:02 +0000 https://rightsideofthechart.com/?p=192315#comment-6914 In reply to FrancisQ.

15 min Sequential 9s –
XLK -https://www.tradingview.com/x/A5V1sNC0/
QQQ -https://www.tradingview.com/x/8ZWdU6v1/
SPY hollding crossing TD resistance
https://www.tradingview.com/x/fwvkt2YR/

]]> By: FrancisQ https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6913 Thu, 01 Aug 2019 15:36:22 +0000 https://rightsideofthechart.com/?p=192315#comment-6913 XLK = 82.4 – 82.5 gap filled. The battle line is now drawn. Battle at the border begins, raging right now.

]]> By: Dan https://rightsideofthechart.com/spy-qqq-xlk-backtesting-trendlines-from-below/#comment-6912 Thu, 01 Aug 2019 15:17:33 +0000 https://rightsideofthechart.com/?p=192315#comment-6912 Im tempted to short it here…5 min looking good, but it is somewhat risky wiht this tear your face off rally…above break down candle and resistance from TD.
https://www.tradingview.com/x/xwXuV9nP/

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