Pullback for the market. Bulls want to see a shallow orderly pullback. QQQ 296 ares was big resistance, now we need to see how it reacts if it gets to 296. Orderly consolidation would set up some nice long charts going forward. Big tech earnings this week and the FOMC will also impact the market, big week ahead.
Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman
Watch us trade these stocks LIVE, in real time.
Check out our watch list and game plan:[caption id="attachment_66200" align="alignnone" width="800"]
PDD Tight coli and looks heavy, might roll over below 50 MA.[/caption][caption id="attachment_66199" align="alignnone" width="800"]
ETSY Extended run to 100 MS. Short watch on red to green type move.[/caption][caption id="attachment_66198" align="alignnone" width="800"]
COIN Consolidation day. Ideally a pull to 65/66 and bounce.[/caption][caption id="attachment_66197" align="alignnone" width="800"]
MARA Consolidation, ideally a pull to 10/11 and bounce.[/caption][caption id="attachment_66196" align="alignnone" width="800"]
ZM Still bear flag look. 105 goes and stay below looks vulnerable.[/caption][caption id="attachment_66195" align="alignnone" width="800"]
META Hard pullback. 20 MA needs to hold and get back over that 170. Intraday play watch.[/caption][caption id="attachment_66194" align="alignnone" width="800"]
SQ 70 support needs to hold. Intraday play watch.[/caption]
