Get ahead for Monday August 16, 2021
Aug 15, 2021The QQQ bounced off the 20ma last week and continues to look like it wants to grind higher and SPY closed the week at a new all time high. This is options expiration week so we may see some volatility return to the indices so be aware of that. We are also nearing a seasonally weak time for stocks so keep that in mind as we may be due for at least a small pullback to the 50ma like we had each of the last 3 months. Have a great start to your trading week.