Is this a real break out? Part 2 8/5/26
This is a follow up video that i just uploaded were we finish covering our thoughts on the SPX and we go over the QQQ and what is interesting about this chart is that it also has a parallel that I just recently found. IF we fail to make a new all time high and fall then we would still be in a technical down trend making lower highs and then we would have to wait and see if were making lower lows. Lets watch this market closely because we still very well can make a new all-time high on the Q's too but we have to be open to the idea that the parallel can cap price here.