Spy 10/26
457.20 resistance
455.50 support
Is resistance but nothing as significant as the RSI divergence that the spy plowed through yesterday with help of
XLK(Tech)
XLE (Energy)
XME (Metals)
and Tesla .
Can tech push it higher? I think so with this earnings momentum going. I think QQQ wants ATH similar to the Dow and spy but putting my opinion to the side, 457.20 is the last resistance on the spy and it's not overbought on MFI or Bollingerbands yet so no reason to pullback.
If it opens up below 457.20 it might be a nice early fade. Keep your eye on the qqq
Let's see
455.50 support
Is resistance but nothing as significant as the RSI divergence that the spy plowed through yesterday with help of
XLK(Tech)
XLE (Energy)
XME (Metals)
and Tesla .
Can tech push it higher? I think so with this earnings momentum going. I think QQQ wants ATH similar to the Dow and spy but putting my opinion to the side, 457.20 is the last resistance on the spy and it's not overbought on MFI or Bollingerbands yet so no reason to pullback.
If it opens up below 457.20 it might be a nice early fade. Keep your eye on the qqq
Let's see
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