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ArcadiaTrading

CPI, QQQ Triple Top, KRE / XLF sector, Rate Hikes

Long
Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
ArcadiaTrading  
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Trend Analysis Chart Patterns Technical Indicators QQQ KRE XLF SPDR S&P 500 ETF (SPY) qqqlong TQQQ SPXL
35
5
trendanalysis chartpattern indicator qqq kre xlf spy qqqlong tqqq spxl
- CPI data tomorrow will likely determine if we can break that triple top on QQQ

- money rotating around today to tech sectors no a complete FEAR day where money is leaving the market.

- KRE / XLF ETF needs to bounce for SPY to bounce

- 0.25bp current priced in at 62%, and a pause at 38%

- if we break that triple, im looking for a daily bounce and would liking be more long bias then.
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