You may also want to see my most recent updates on XBI Biotech – GLD Gold – VIX Volatility
Increase the size and clarity of each chart below by clicking on it.
QQQ May 10th, 2023
QQQ 5 minute chart update (during market hours)
The breakout above this key pivot after filling the lower gap telling me that the stock market has found a direction and most likely is going higher. I also posted this of course for subscribers in chat, and on Twitter and StockTwits.
IWM May 5th, 2023
IWM Rising base. Potential breakout above this upper (blue) trend line.
QQQ May 5th, 2023
QQQ This uptrend continues to be questioned by many, even since this initial bullish signal that happened on January 23rd. Since then the index has held well above the 50 day moving average and for the most part, consistently above the 20 day moving average.
Solid week here with a higher high, higher low. I’m thinking continuation higher, likely. I continue to see an uptrend in this market unless proven otherwise. Expecting higher.
QQQ April 17th, 2023
SPY Solid move, especially after Friday’s Long Legged Doji candlestick. Beautiful setup here with a good probability factor. Note the higher gap at 421.22
XLF March 29th, 2023
XLF Bank stocks confirmed strength today; closing above this key pivot point (initial point of resistance). Also note the MACD turned positive today. Follow through now key. See what tomorrow brings.
QQQ March 13th, 2023
QQQ Chart updated during market hours. Though the bank stocks continue to sell off and other major indexes today havn ‘t been able to hold their gains, QQQ looks strong; pushing back above both the 50 and 200 day moving average. Also note here the 50 day average is now arched upward, above the 200 day moving average. Not a small thing.
QQQ Update March 29th Nice continuation. Most recent “Bull Flag” setup confirming strength. Continuation higher likely.
QQQ March 3rd, 2023
QQQ A strong move, well above the 200 day moving average after this failed breakdown Continuation higher, likely.
QQQ March 1st, 2023
QQQ Hammer candlestick. Retest of the 200 day moving average. Ideally want to see this stay above. All about follow through now.
QQQ Feb 7th, 2023
QQQ Weekly chart update. It’s only Tuesday but this action is already starting to nicely confirm the expectation to go higher. See charts below. Wouldn’t be surprised to now see it test this higher gap, and perhaps then some.
QQQ Jan 20th,. 2023
QQQ Weekly chart is attention getting, with a higher high, higher low and closing back above the 200 day moving average on increased volume.
