SPY closed the week above the key resistance level of 272. I’m expecting further upside next week, but I think sellers will get aggressive near the 280 price range.
DIA is still struggling to have a solid close above the 248 resistance level. If there isn’t bad news next week, I think we can retest the resistance zone near 252-254.
QQQ is still the strongest of all the indexes. QQQ is running into strong overhead resistance in the 170-172 zone. Looking at just the price action, I think the upward momentum can carry QQQ to 172 next week.
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