Jim
2026.05.19 04:07

$Invesco QQQ Trust(QQQ.US) 2025 Off an April Thrust and ZBT the First Real Test of the 21 EMA was 3 Days AFTER JUNE FOMC.

2026 I would expect the same test Regardless of IRAN OIL ect as PPI/CPI is June 10th.

Testing the 21 EMA in an UPTREND is OK.

Just Depends on the Reason for Bringing it down to that level.

Profit Taking

MACRO

Rotation

FOMC Tightening

ECT...

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