SMH NVDA SPY & QQQ | Long Term Outlook Resistance Guide
- SMH weaker than QQQ today potentially setting daily lower high but bears need more follow through at the moment
- NVDA still potential 4h head and shoulders pattern if we confirm more downside
- SPY very nearing 0.618 fib resistance we saw some money rotate from tech into SPY in the last two days making breath better
- QQQ bull flag confirm still super strong every trend is healthy no closed just at the golden pocket resistance. Most likely scenario is weekly consolidation in the next coming weeks.
- NVDA still potential 4h head and shoulders pattern if we confirm more downside
- SPY very nearing 0.618 fib resistance we saw some money rotate from tech into SPY in the last two days making breath better
- QQQ bull flag confirm still super strong every trend is healthy no closed just at the golden pocket resistance. Most likely scenario is weekly consolidation in the next coming weeks.
