First gap above isn't until 3,900 on SPX, the next after that is
4,017. The 9 day ma is 3,970. Lots of room to go higher over time.
Looks like a tradeable bottom to me for a while. Really like that
the gap filled before it went up. The 275 area QQQ gap filled prior
too before this move up. IWM is leading , QQQ, ARKK
risk barometer showing much higher, XBI as well up near 4%. All the
stuff you want to see.
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First gap above isn't until
Posted by fundamentalvalues on 15th of Jun 2022 at 02:49 pm
First gap above isn't until 3,900 on SPX, the next after that is 4,017. The 9 day ma is 3,970. Lots of room to go higher over time. Looks like a tradeable bottom to me for a while. Really like that the gap filled before it went up. The 275 area QQQ gap filled prior too before this move up. IWM is leading , QQQ, ARKK risk barometer showing much higher, XBI as well up near 4%. All the stuff you want to see.