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SPY closed red today, while $QQQ was surprisingly green despite $XLF and $XLY beginning their daily consolidation. With job numbers expected tomorrow, many daily lower highs are anticipated across the market. The key question is whether this consolidation can remain healthy for tech stocks, especially as they attempt to hold their strength.
Thursday, September 5, 2024 | The Chart Guys — Trading, Community, Daily Live Streams | SPY closed red today, while $QQQ was surprisingly green despite $XLF and $XLY beginning their daily consolidation. With job numbers expected tomorrow, many daily lower highs are anticipated across the market. The key question is whether this consolidation can remain healthy for tech stocks, especially as they attempt to hold their strength.
