2/17/2020 Stocks continue upward breakout. Just like I thought last week, I don’t think anything will stop the momentum yet.

Happy President’s day! Hopefully you get the day off. I certainly don’t have school 🙂

Below is the weekly chart of QQQ. We got yet another healthy move up this week. Buying here wouldn’t be horrible, but probably not great either. I think because we have such strong momentum, any sort of pullback will be bought aggressively. I could see a pullback down to 220-225 range, but then the upward trend will likely resume.

QQQ weekly 2_17_2019

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