https://rightsideofthechart.com/support-resistance-levels-for-spy-qqq-iwm/ Stock Trading, Investing & Market Analysis Tue, 19 Mar 2019 02:59:49 +0000 hourly 1 https://wordpress.org/?v=7.0 https://rightsideofthechart.com/support-resistance-levels-for-spy-qqq-iwm/#comment-5923 Tue, 19 Mar 2019 02:59:49 +0000 https://rightsideofthechart.com/?p=190526#comment-5923 Can you comment about the rotation into financials (GS , IYF ) today? How would the character of such rotation strength affect your Bull vs Bear Spy viewpoint? Thanks

]]> https://rightsideofthechart.com/support-resistance-levels-for-spy-qqq-iwm/#comment-5919 Mon, 18 Mar 2019 19:11:04 +0000 https://rightsideofthechart.com/?p=190526#comment-5919 /CL continues to backtest the primary trendline off the Dec lows from below & also remains above the 57.85 level, which was resistance & became support once taken out. At this point, I don’t like what I see on the daily chart weekly charts enough to go long but I can’t make a case to short it at this time unless if turns down impulsively off this backtest & smashed down through the 57.85 support. Here’s my 60-min chart:

]]> https://rightsideofthechart.com/support-resistance-levels-for-spy-qqq-iwm/#comment-5918 Mon, 18 Mar 2019 18:45:08 +0000 https://rightsideofthechart.com/?p=190526#comment-5918 @rsotc any thoughts on CL? Looks like its bull flagging but its around the trendline so not sure.

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