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