Well, I see it as long term H&S, but might go higher. My views are worthless as they are formed with slight bias of a perfect world in mind. Unemployment is BS, many gave up long ago and work for cash, Lumber way off highs, and transportation Index not happy either. Illegals still finding ways to get across. Keep in mind that California cities have filed bankruptcy and will get worse. States will be forced to abandon help to most eventually. We long overdue of a depression, more become millionaires during if they have cash/gold. Accumulate gold and get citizenship in a different country. I hope I am wrong. Automation keeps me Long dividend stocks/hedged with ES, and other long term has me short Index futures and was hedged in beginning. Long term been shorting Index futures/hedged since April 2017.
%%Most likely QQQ takes out 200 day moving average/52 week lows first, don't have a DOW/DIA opinion. A few ticks above 200dma; if you see a turtle on a fence post-some put him up there, they tend not stay up on fenceposts for long.LOL-LOL. Not a prediction; good news for bulls OCT tends to be bullish for tech stocks/OCT bear killer. Even though last OCT/Nov was bearish; i'm figuring on strong NOV for QQQ,2019...…………………………………………………………………………………………..
%% Good points; hard to lose with long dividend paying stuff/stocks . CA, ILL has made so many goofs. LOL. I like the golden state flag [gold colored bear LOL],more than gold. This is one of the few times i' m bearish on QQQ for summer; actually SQQQ pays a good dividend; but I seldom collect that dividend-not a prediction.WE need migrant/aliens for farm workers; even though I grow my tomatoes/watermelons/strawberries. LOL/true,,