Things aren't looking good...
QQQ recently broke below a daily uptrend line
QQQ was rejected by the broken trend line when it tested it from below (breakdown confirmation)
QQQ closed below 2 MA lines
Potential Head and Shoulders if forming.
What do you think?
QQQ was rejected by the broken trend line when it tested it from below (breakdown confirmation)
QQQ closed below 2 MA lines
Potential Head and Shoulders if forming.
What do you think?
Komentarz:
Next resistance - Double top (or maybe new record high) and a re-test of broken trend line