$QQQ High Probability of a Lower Low.
Market put up a fight today but end up Red regardless. There is a High probability of a new Lower Low this week.
SMA200 and SMA20 very part from each other, Price very apart from SMA20 and Double from SMA200.
We could see a new lower low but also a Green pivot once we entering to an oversold Territory.
Then we could see a short term bounce to retest the SMA20 EMA21 Support Band.
Price has been 47 Days under the SMA200.
Price has been 62 days under Support band SMA20 EMA21
RSI entering Oversold Territory.
MACD indicator crossing down.
QQQ
SMA200 and SMA20 very part from each other, Price very apart from SMA20 and Double from SMA200.
We could see a new lower low but also a Green pivot once we entering to an oversold Territory.
Then we could see a short term bounce to retest the SMA20 EMA21 Support Band.
Price has been 47 Days under the SMA200.
Price has been 62 days under Support band SMA20 EMA21
RSI entering Oversold Territory.
MACD indicator crossing down.
QQQ
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Publications connexes
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.