We had a gap up on a Y wave and then came the Z wave back down as expected. We have completed and extremely bullish XYZ pattern. Possible top is Sept 29 and as high as SPX 2522/23. Our SPY option players have gone long the SPY calls strike 250.00 for the 29th at .27/.28.
The QQQ looks extremely bullish to me. Looks like end of the quarter window dressing could explode this up along with the gold stocks too.