May 9 2018 - Nasdaq Breaks Out

The QQQ's jumped 1.09% and closed above the previous swing high set back on April 18th. This now shifts the daily charts to more of a neutral-to-bullish view. The bulls are slowing making progress across the board. Continue to keep an eye on the 200-day SMA if any selling pressure resumes as it remains a big line-in-the-sand support level.

We also discuss TWLO, ROKU, FOSL, WB, SMH, XLF and more.

Have a fantastic day!

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