Get started
ArcadiaTrading

AAPL/MFST Key Resistance for $QQQ. XLF Houly Bullflag, 25BPS

Long
SPDR Select Sector Fund - Financial (AMEX:XLF)  
ArcadiaTrading  
AMEX:XLF   SPDR Select Sector Fund - Financial
Trend Analysis Chart Patterns Technical Indicators AAPL Microsoft (MSFT) QQQ nasdaq S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) TQQQ XLF rates
1
0
trendanalysis chartpattern indicator aapl msft qqq nasdaq spx500 spy tqqq xlf rates
- 7.5% move on QQQ/NASDAQ in 4 days. AAPL and MSFT now hitting key resistance, will be watching to see if it can break above or not for QQQ to continue.

- likely a slight pullback hourly consolidation for QQQ before attempting another leg up.

- after ECB hiked 0.5% this morning our rate hike of 25Bps increased to 80% chance this morning.

- XLF hourly bullflag still possible need to see bulls show up and hold above 0.382 fib

- as long as hourly trend is intact for the bulls on QQQ / SPY / SPX there is no red flag at all for the bulls.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.