Major indexes closed near their day high, after gapping down from the previous day downside momentum. $QQQ and its equal weighted index $QQQE both remains above their rising 20-MA.
$XRT group is setting up with major retailers due to report Q4 earnings this week ($WMT, $HD, $TJX etc)
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20/2/2023 Market Diary & Playbook
-Indexes closed near day high, after gapped down from Thur weakness
– $QQQ and $QQQE both remains above their rising 20-MA
– $XRT group setting up, major retailers $WMT, $HD, $TJX all due for ER this week
-Presidents’ Day, have a good break pic.twitter.com/OlXaXPe1P1
— Jeff Sun, CFTe (@jeffsuntrading) February 20, 2023
