Hello Everyone,
From the spinning top candles on Tuesday close, both QQQ and SPX did see some corrective retracement (as well as IWM). For SPX, the pullback was a clear a-b-c into demand and has since recovered to make new marginal highs while QQQ remains coiled in tight range.
NQ zone above 18,260/300 the bulls would like to recapture and hold.
ES levels on trading community with 5245/50 next hurdle.
Please take a moment to look at the trade ideas.