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	Comments on: Stock Market, Sector, &#038; Big Tech Stock Analysis 7-17-24	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Thu, 18 Jul 2024 13:51:37 +0000</lastBuildDate>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/stock-market-sector-big-tech-stock-analysis-7-17-24/#comment-32949</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 18 Jul 2024 13:51:37 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214663#comment-32949</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-sector-big-tech-stock-analysis-7-17-24/#comment-32948&quot;&gt;david k&lt;/a&gt;.

Yes. Both /NQ &amp; QQQ came close, but not close enough to my preferred near-term swing targets of those &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; lines off the April lows. With all the additional bearish technical developments that I&#039;ve highlighted over the past several days, I have a high-degree of confidence that QQQ will hit that trendline &amp; hit it soon. As such, any half-decent rallies, especially into resistance will provide objective add-ons for those that might have lightened up before the close or have been waiting to add to an /NQ or QQQ short.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-sector-big-tech-stock-analysis-7-17-24/#comment-32948">david k</a>.</p>
<p>Yes. Both /NQ &#038; QQQ came close, but not close enough to my preferred near-term swing targets of those <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> lines off the April lows. With all the additional bearish technical developments that I&#8217;ve highlighted over the past several days, I have a high-degree of confidence that QQQ will hit that trendline &#038; hit it soon. As such, any half-decent rallies, especially into resistance will provide objective add-ons for those that might have lightened up before the close or have been waiting to add to an /NQ or QQQ short.</p>
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		<title>
		By: david k		</title>
		<link>https://rightsideofthechart.com/stock-market-sector-big-tech-stock-analysis-7-17-24/#comment-32948</link>

		<dc:creator><![CDATA[david k]]></dc:creator>
		<pubDate>Thu, 18 Jul 2024 13:03:16 +0000</pubDate>
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					<description><![CDATA[Randy, looks like a bounce on NQ and QQQ going on right now. Would a bounce back up to 487 on QQQ be an interesting place to add to shorts or start a new position in your opinion?]]></description>
			<content:encoded><![CDATA[<p>Randy, looks like a bounce on NQ and QQQ going on right now. Would a bounce back up to 487 on QQQ be an interesting place to add to shorts or start a new position in your opinion?</p>
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		<title>
		By: Dkpdkp		</title>
		<link>https://rightsideofthechart.com/stock-market-sector-big-tech-stock-analysis-7-17-24/#comment-32947</link>

		<dc:creator><![CDATA[Dkpdkp]]></dc:creator>
		<pubDate>Wed, 17 Jul 2024 21:18:23 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=214663#comment-32947</guid>

					<description><![CDATA[Great call on gdx, Randy! Thanks so much!]]></description>
			<content:encoded><![CDATA[<p>Great call on gdx, Randy! Thanks so much!</p>
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