Right at last swing highs. SPY and IWM are already above these highs. Closed above these highs. QQQ right on it. Double top for now but Watch it tomorrow for either a confirmation of double top and pullback or a breakout over 308.55. We have AAPL AMZN reporting after hours tomorrow.
We are right in the middle of congestion zone shown in the highlighted area. Generally whenever we enter into the congestion zone, there is a 80% chance we go to the other end of congestion zone. In this case around 312 - 314.60.
We are right in the middle of congestion zone shown in the highlighted area. Generally whenever we enter into the congestion zone, there is a 80% chance we go to the other end of congestion zone. In this case around 312 - 314.60.
