QQQ: Ready to Fly High or Are Technicals Going to Keep Us Down?
Is QQQ telling us it wants to go down?
Take a look at the pattern we have. And the eerily similar price action to october - Break through gap, rejection, fill gap area and continue down.
I'm not implying this is a clear indication but we have larger volume areas below that price is usually attracted to.
The MAD is curling up slightly, however it's definitely not a convincing signal.
We are still in our wedge pattern so that's becoming stronger and stronger, a retest above could prove difficult for the bulls.
QQQ
Take a look at the pattern we have. And the eerily similar price action to october - Break through gap, rejection, fill gap area and continue down.
I'm not implying this is a clear indication but we have larger volume areas below that price is usually attracted to.
The MAD is curling up slightly, however it's definitely not a convincing signal.
We are still in our wedge pattern so that's becoming stronger and stronger, a retest above could prove difficult for the bulls.
QQQ
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.