PartTimeGenius

$SPY won't break 'til QQQ does (NEUTRAL(near-term))

AMEX:SPY   SPDR S&P 500 ETF TRUST
Even tho SPY (Blue line) has already broken from its trendline(Red line), I don't think we see much below blue box (bottom at 272-ish) until QQQ (Orange line) breaks its trendline(Purple line).
When QQQ Breaks, it will be a fast track to the red arrow. STILL OVERALL BEARISH LONG-TERM THO!
***Let's talk about it then... ***

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