As we can see, there has been a correction since the presentation of the FOMC meeting, with a break in the bullish structure we had in the indices. QQQ broke bullish structures in 2-hour timeframes, but for now, it shows a more bullish movement than SPY. We should recover the 4-hour channel to maintain an upward movement in the 4-hour and daily timeframes.
Como podemos ver tenemos una correccion desde la presentacion de la reunion de la FOMC, con una ruptura de las estructura alcista que teniamos en los indices, QQQ rompio estructuras alcista en temporalidades de 2horas, pero por el momento tenemos un movimiento mas alcista que el SPY y deberiamos recuperar el canal de 4HS para mantener un movimento alcista en la temporalidad de 4hs y diaria.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.