$QQQ - wave count
Bears - this is the one to short upon entry of the green channel. This thing is weak. Although the 3 wave to the upside will occur, any rejection and the Q's are going to drop faster then spy, iwm , or dia. So this is your huckleberry.
Bulls - not sure you have a shot here, but I could be wrong like I was last weekend. You need to get some buying strength and turn this into an impulse above the Downtrend line. Not sure that you can garner that strength, but time will tell.
Good news here (same with SPY) if we flush again we should at least get our bottom before OpEx and new ATH probably by year end
Bulls - not sure you have a shot here, but I could be wrong like I was last weekend. You need to get some buying strength and turn this into an impulse above the Downtrend line. Not sure that you can garner that strength, but time will tell.
Good news here (same with SPY) if we flush again we should at least get our bottom before OpEx and new ATH probably by year end
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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.