I'm not an expert on the topic of trading or investing. BUT if you ask me, in my humble opinion, I think the market could bleed a lit bit more. At the end of the day the market does what it wants. I Would like to see the @QQQ at the $247.~ level or lower; specially, after closing for the third time in a row below the 200 MA (M) re-testing it and failing to break it. Nice long upper from last week's candle and a good bearish candle last week.
Nice to see the @qqq chop around the gray area, and then breaking it and take a direction.
Any idea of the market sentiment?
"This is only my personal opinion. I am not a trading/finance adviser.”
Nice to see the @qqq chop around the gray area, and then breaking it and take a direction.
Any idea of the market sentiment?
"This is only my personal opinion. I am not a trading/finance adviser.”