Can $SPY and $QQQ Defend Support?
If you trade $SPY or $QQQ, watch this before CPI tomorrow. ⚠️
We pulled back ~3%, held short‑term support, and buyers stepped in.
My Bull Cycle criteria are still met, so I’m bullish.
1. $SPDR S&P 500 ETF Trust(SPY)$
$SPY testing liquidity support once again
If price is going to bounce, it's right now
Still bullish, but if we break this level things will get ugly
1hr just closed increasing BX after the liquidity grab
Support still holdings ✅
2. $Invesco QQQ(QQQ)$
1hr just closed with increasing BX after that liquidity grab
Good sign for the bulls
Make or break for QQQ
If buyers are going to step in, it's now
If we snap this level, this could be the top for the next couple of weeks
Still bullish for now
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