“HERE WE GO. Fed Jackson Hole Speech.”
QQQ is bearish targeting 700 conditional on Fed credibility narrative; currently holding above 715 support.
So, oh man, Nvidia keeps going down and so are the cues.
The cues are tanking.
Are you calling 700 of the cues? Well, uh this morning in our alpha report, we did make a note. Let me see what I uh let me I'll go look for you. Hold on. Let me go look at the alpha report what I said this morning.
So, the Alpha Report said, "If we hear a long speech about how it's time to restore Fed credibility sooner rather than later, we go bearish down to 700 QQQ." Damn. It's not good.
Uh I mean, we're not there yet. We still We still have the 715 line, but that's funny. Um, yeah, that's that's what we had in the offer. We still have 715, so hopefully, you know, we can still bounce off of that.