QQQ: The Downtrend
October 2018 - April 2019: 190 days to return to previous level.
February 2020 - June 2020: 100 days to return to previous level.
This current correction is at day 196 as of this writing. I'm expecting a retest of the upper trend line due to bullish divergence on the daily. A breakout of the upper trend line and 200 MA would confirm a bullish reversal. A breakdown below 291 could see around 260 as a next level down.
February 2020 - June 2020: 100 days to return to previous level.
This current correction is at day 196 as of this writing. I'm expecting a retest of the upper trend line due to bullish divergence on the daily. A breakout of the upper trend line and 200 MA would confirm a bullish reversal. A breakdown below 291 could see around 260 as a next level down.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.