because its just as scary getting in when the price action goes parabolic just like my desperation while eating wings at Hooters??? 😢
i don’t know how the S&P and Nasdaq keep grinding higher without taking a breath. i am long term bullish but this “needs” to pullback.
which it may not but, i really think it will!!! but it hasn’t …
in lieu of a single-minded relentless advance upward, the ranges seem to be smaller. i would think it should upthrust here through $15,134.00 and fail and breakthrough the minor support at $14,774.25 but i think it seems more likely to breakthrough the top and keep grinding higher since its hugging the top of this range like those uniforms hug those angels working at Hooters. 😇
if it hits the top of this channel i expect it to retrace past the centerline. if you want to get in on a pull back get in below the centerline and if you are above $13,898.25 use that support line as stop loss and if you get in below $13,898.25 use the bottom of the trend channel as a support line / stop loss.
this ofc assume you want to listen to some schmuck on the interwebs and if you want to get in a fund like QQQ that models the NQ.
i don’t know how the S&P and Nasdaq keep grinding higher without taking a breath. i am long term bullish but this “needs” to pullback.
which it may not but, i really think it will!!! but it hasn’t …
in lieu of a single-minded relentless advance upward, the ranges seem to be smaller. i would think it should upthrust here through $15,134.00 and fail and breakthrough the minor support at $14,774.25 but i think it seems more likely to breakthrough the top and keep grinding higher since its hugging the top of this range like those uniforms hug those angels working at Hooters. 😇
if it hits the top of this channel i expect it to retrace past the centerline. if you want to get in on a pull back get in below the centerline and if you are above $13,898.25 use that support line as stop loss and if you get in below $13,898.25 use the bottom of the trend channel as a support line / stop loss.
this ofc assume you want to listen to some schmuck on the interwebs and if you want to get in a fund like QQQ that models the NQ.