$QQQ - Daily Chart:
This daily candle has all the potential to be a reversal, and there is high volume validating it.
The weekly chart has also an interesting reference to consider a potential bounce. The S/R Levels edition has it for everyone. Cl1ck in b1o.
There are Support levels that help to manage risk in the latest publication.
Like and repost this and I'll send you via DM another interesting chart of $SPX.
**The Latest Weekly Compass Is Out**
Several charts on the Weekly Compass align with the historically low seasonality for stocks this week.
Statistics can be tricky, remember the so called bullish April that didn't materialize, but this supposed low week for SPX and the indexes may happen considering some setups.
This edition includes weekly charts for: $SPX, $NDX, $IWM, $DJI, $DAX and leading securities like AAPL, GOOG, AMZN, MSFT, TSLA, META, NVDA, GDX, Bitcoin and more.
Repost and Like this post and I'll send you the NDX chart via DM
Many institutions and #fintwit furus were super confident that CPI numbers comes lower this time.
What if CPI numbers comes above estimates? I have some cheap $SPY weekly puts as my hedge in case market wants to dump.
Today we remember those who made the ultimate sacrifice for our country, who gave their lives so that we could remain free.
On this Memorial Day and every other day of the year, let us celebrate their bravery, courage, and honor.