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SPX and QQQ Approaching Major Levels

The S&P 500 (SPX) is trading near the 21 exponential moving average (EMA). This could be a major line of resistance or this could be the spot where SPX pushes toward $4,400. If the Nasdaq (QQQ) can push through the daily 50 SMA around $368, there could be more room to run.

In the video below, I review one of my favorite bullish trade setups that we opened in the Compounding Growth Mastery – valid as long as the SPX and QQQ continue to the upside. I also walk through some potential short setups…

 

 

Stay Focused,

Taylor Horton