Jul. 15 at 2:12 AM
Nasdaq future is...
■ stuck inside of a pennant flag formation for the past 5 weeks
■ at the top of the narrowing pennant upper bound
■ when there is a pennant formation breakout, it tends to continue in the direction it was headed - meaning we have a better chance to breakout upwards
■ less than 3% away from making ATH (I think we'll make new ATH in July - perhaps several times)
I plan to stay bullish during the 2Q ER season, and reduce some holding in Sept/Oct, and then reload big again starting in Nov.
$QQQ $TQQQ $TECL $SOXL $ARKK