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Ryan Mallory
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Trading Notebook: $VIX $XLY $QQQ $TOST
By
Ryan Mallory
|
Published On: January 20, 2023
|
Categories:
Charts + Technical Analysis
|
Resistance on
$VIX
continues to kick price back down. The 8th straight successful attempt this year alone and 11th overall.
Discretionary coming up on some heavy resistance, as the market’s top performing sector so far in 2023 – up 10% YTD.
$XLY
Zero chill in
$QQQ
today, and about as perfect of a trending market as you’ll ever see intraday, going back to yesterday.
Big potential for
$TOST
if it can break through resistance at around $22.75.
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