$SPY TOP 20
Added 2024-04-24 16:10:37 +0000 UTC$SPY still has a bit to travel to test the 50 Day Ma (above)that we spoke about at the weekends update, everything is moving to plan as expected and this test will give us plenty of information.
Likewise on the $QQQ chart, a retest of the 50 Day Ma will also show us a retest of the $SQQQ chart from above too.
They are all aligning together here
I can see on the 1HR chart that the price is pulling back today to test the 50 Ma on the 1HR chart, I suspect it will hold here and move higher throughout the week as big earnings reports come in.
I want to see a retest and rejection at the 50 Day Ma at $510 which will confirm Wave A
