I'm old enough to remember that I tweeted "I'm not impressed", or "the move is cute".
Everyone here was super bullish - and now, we're back at last week's lows and everyone turned bearish. How interesting.
"I got high hopes for you, we gon' see." - Drizzy
$QQQ
RSI 88 on $tsla 4 hour here, to confirm this move IMO, has to come back to test previous breakout level 385. That would be the most healthy thing to happen.
TRUMP PROMISES $5,000 PAYMENT TO EVERY ADULT US CITIZEN IF REPUBLICANS WIN HOUSE, SENATE
TRUMP ESTIMATES $5,000 DIVIDEND WOULD COST ABOUT $1 TRILLION, SAYS TARIFF REVENUE WOULD HELP FUND IT
TRUMP SAYS PROPOSED $5,000 PAYMENTS MUST BE SPENT IN US
TRUMP WARNS DEMOCRATIC MIDTERM VICTORY WOULD TRIGGER 1929-STYLE ECONOMIC DEPRESSION
Just got done with premarket show with our members. $QQQ is pricing in some good news for today, yet there are still hurdles to get through besides today, $AMZN earnings tomorrow, $INTC, $SNDK, PCE GDP all tomorrow. Finally, $AMD earnings on Tuesday along with elections. I think there's one more dip coming, probably nothing too drastic - before November seasonality (up) takes effect I think this would be Weds/Thursday next week. So yet while index looks good, I'm expecting a dip to punish late chasers.
Just got done with premarket show with our members. $QQQ is pricing in some good news for today, yet there are still hurdles to get through besides today, $AMZN earnings tomorrow, $INTC, $SNDK, PCE GDP all tomorrow. Finally, $AMD earnings on Tuesday along with elections. I think there's one more dip coming, probably nothing too drastic - before November seasonality (up) takes effect I think this would be Weds/Thursday next week. So yet while index looks good, I'm expecting a dip to punish late chasers.
RSI 88 on $tsla 4 hour here, to confirm this move IMO, has to come back to test previous breakout level 385. That would be the most healthy thing to happen.