Replies to post #61753 on SPDR S&P 500 (SPY)

[blasher]

YES ... 80% chance of Closing above current levels (30.55) ...
however, if QQQQ Closes below 30.20, it would be very Bearish
for early next week.

.



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[learningboutinv]

Gleno, we have to hit the 5min 233ma on the QQQQs at some point. We were so far below it. Scamman use to say it's a magnet. The magnet is at 32.18 which I'm not sure we'll hit it before the close today.

I had one QLD trade today and left a bunch on the table since I wasn't anticipating a big rampo job into the close. I thought another major selloff again. Also, still foolishly holding the other two positions from the other day.