Pennant
Watch for a breakout or rejection....
Vix is fighting on prior resistance now support.
Like I said before tech will lead the way ..
Spy will really take the leg up if QQQ jumps over 297.
If we reject and head lower , this pennant could turn into a bear pennant if we break support that would likely take us to 390...
Spy is neutral until it breaks out or breakdown.
I'm long with a 396 stop
Watch for a breakout or rejection....
Vix is fighting on prior resistance now support.
Like I said before tech will lead the way ..
Spy will really take the leg up if QQQ jumps over 297.
If we reject and head lower , this pennant could turn into a bear pennant if we break support that would likely take us to 390...
Spy is neutral until it breaks out or breakdown.
I'm long with a 396 stop
Commento:
400 is pennant resistance....
Things are looking bullish.. let's see what happens
Things are looking bullish.. let's see what happens
Go check the track record on how that played out last 3 times