toddstrade

Two updated charts from previous posts
The SPY from this post; 50-day MA test looming as price pushes into this resistance zone.  Still has the complex H&S pattern on waning momentum.  However, this market has resolved those issues in the past by gaping over the resistance and squeezing higher.  So, a gap above the 50-day MA could just cause a squeeze educed rally so be prepared for the irrational.

and the SMH from this post.  Pushes higher and the air is looking thin up there with a doji followed by a shooting star/inverted hammer and closing under a resistance level.  It certainly could withstand a pullback and be in a good position for dip buying.