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What's going on guys, welcome back to the channel so wanted to quickly pop up bring the qqq up, because today's first morning video had suggested the market is breaking down and you cannot be bullish until the market is shifting back over the green level, which you will See the green level is right here and after getting through, we have push pretty hard all right, so this is kind of what happened. Market broke down green level at the time. The green level is where that red line's at we retested we broke down. We came all the way back to retest that breakdown in which the market said.

Okay, let's try it. We held the monthly. Now we create an inverse head and shoulders formation that breaks over the sixth month runs into and up in the weeklies all right. So for now it looks like we're going to keep pressing this market up, maybe up into the 356s um.

What can also give us a good judge on that is the spy one second, and when you run so many cool things that tell you how the market moves. It slows your computer down one second, there they go all right. We just hit the top side of the channel for the spy. So now, with the way the market sits, we can expect either a pullback consolidation, but no more bullish movement.

Now until we surpass the 448.33 all right, you guys have a good one.

By Stock Chat

where the coffee is hot and so is the chat

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