2016 and 2019 SPY, QQQ, and XBI Similarities

TrendSpider_Jake

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The broad markets have been moving straight up for the last three weeks. However, crucial resistance levels are looking to be tested above if the momentum continues. An alert is set on the SPY weekly support now acting as resistance and a dynamic alert is set on the 50-week EMA on QQQ and XBI.

SPY Jan 12.png
QQQ Jan 12.png
XBI Jan 12.png
 
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