As you can see on the 5-minute intraday chart of the QQQ, ETF for the Nasdaq-100, the machines have been taking a break in front of tomorrow morning’s GDP number. After a morning pop, we have been drifting sideways ever since. The bulls have staged another thrilling comeback this week as the rally has picked up steam and participation.
Nonetheless, we are still not quite out of the woods according to a number of sectors and indices. To be sure, holding the lion’s share of this week’s gains will be key to the bulls’ plans going forward for further upside.
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make that 4..basis pts
(R4 D4)
in reference to post in archives..
(yet, it was posted not too long ago)
Prom tonight..(a grin just for Z..aka Drummer)
😉
I must get all these hoodlums(my children) ready.
(multi~tasking)
closing in on R5 D5..
Well now, Sh!t..
now up over 5 or a quick (+14.4%) off that dippity~do on 4/25
yeah..
suggested scoop deep in archives.
an all time fave of mine that I’ve traded for so many ((MANY)) years.
I did not capture the 38.60 but did add back under 39.
~good enough..