Intro

Thursday

SPY neutral. Continue to watch 445.64.

QQQ $2.6 borderline trades clustering around 371.86. I tweaked levels to show that one in the chart below. Best clue of the night!!!

Macro trend appears to be buying on a down day.

Realtime prints high volume NVDA AAPL, semi’s.

• NVDA watch 454.48
• AAPL watch 175.10

Close prints neutral.

The QQQ trades could be a bullish development. Let’s see which way we move away from 371.86.

Friday

How are the levels working from Friday? We didn’t exactly achieve liftoff from any of the levels I provided on Thursday. That can be either a sign of a weak market, the big money wanting to buy more before moving up, or sell more before moving down. A short covering rally would also give us a brief rally that fails.

Looks like we need to keep watching these levels and see if any new levels show up in Friday’s data.

QQQ

AAPL

NVDA

SPY PRINTS

More trades around the same level as Thursday.