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SPDR S&P 500 ETF TRUST
Short

QQQ Pulls Back But | SPY's Sectors Did Not Get Money Rotation

68
- Yesterday i talked about when QQQ consolidates on the Daily we want to see money rotate into the SPY sectors in XLF XLV XLE or any other sectors

- What we got was SPYs sectors joined team bear when QQQ is daily consolidating so its the first convincing bear day for me

- note its only one day and QQQ chart is still very healthy, just a daily consolidation but if QQQ continues to pull back a little more and SPY also pulls back SPYs chart is not looking that great. already back into the sideways range
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Chart PatternsTechnical IndicatorsnasdaqQQQqqqforecastqqqshortSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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Chart PatternsTechnical IndicatorsnasdaqQQQqqqforecastqqqshortSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
ArcadiaTrading
YouTube:
youtube.com/@arcadiatradings

1-1 Mentorship Information (Maximum Capacity = 10 Clients Per Year):
patreon.com/arcadiatrading

FREE 15 mins Intro Coaching Zoom Call:
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.