Replies to post #54016 on SPDR S&P 500 (SPY)

[learningboutinv]

Gleno, QQQQs hit that 50dma again now backing off. QQQQs 5min 50dma is moving down with the price action. The 50dma is now 45.62. Let's see if the QQQQs will give it one more go or if we fall out of the bottom channel of this bearish flag which would be ~45.45, the bottom/line in the sand.