ETF SWING & DAY TRADING

[Torqputty]

Market View, Bullish

ref, S&P, SMH, $NAA50 and Fundimentals,

S&P is the market gauge and SMH is the market leader.

My bullish view is based on S&P continuation pattern and market fundimentals. Inflation is contained, stocks are undervalued and end to fed rate hikes is near.

SMH is the true leader as most here will agree. It moves so fast that it could drop to $35 with-in the confines of S&P cont' pattern.

DOWNSIDE VIEW;
$NAA50 is at the top of the charts, tells me we are running on fumes. So the upside time-frame will be short. SMH h/s pattern is still a probable. S&P can break support at 1250

lol and good trading