$SPY won't break 'til QQQ does (NEUTRAL(near-term))

19 באוג׳ 2019

Even tho SPY (Blue line) has already broken from its trendline(Red line), I don't think we see much below blue box (bottom at 272-ish) until QQQ (Orange line) breaks its trendline(Purple line).
When QQQ Breaks, it will be a fast track to the red arrow. STILL OVERALL BEARISH LONG-TERM THO!
***Let's talk about it then... ***