How a Kid With a Ruler Can Make a Million
A Lesson in Drawing and Using Trendlines
by Jeffrey Kennedy
BMO Commentary
Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.
0715.ET
World and US Markets are Up Big now.
QQQQ/SPY are currently Trading at 43.86/ 110.61
QQQQ Resistance is at 43.80, then 44.14, then 44.68, then 44.92
QQQQ Support is at 43.61, then 43.40, then 43.17, then 42.8x, then 42.3x
Use these levels to look for turn Signals .. or the lack of them for continued follow-through.
Subscribers, read what I wrote over the weekend and look at the Annotated Charts I posted then for guidance.
We are at an important price level and today’s action should help tell us the future .. be sure to check back here tonight for my Commentary on today’s action.
There are some important Economic Events out today starting at 1000.ET.
Metals and Energy Commodities are Up while the US-Dollar is Down right now.
AMC Commentary
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