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proxynoorigin
Apr 29, 2018 7:18 PM

Nasdaq QQQ - Comparing 2017-2018 to the 2013-2014 bull run 

Invesco QQQ Trust, Series 1NASDAQ

Description

Another interesting market comparison that I see looking at the QQQ's of 2014 to our present day. Price COULD* be at the early stages of showing it wants to move higher from here.

These are 2 week chart timeframes and I noticed a few possible clues in the 3/10 oscillator and RSI.

Specifically the 3/10 looks to be making an upturn.
Along with the RSI is still showing a positive reversal**, which denotes price wants to continue higher.

*Not a prediction, so don't load up the boat on July calls... unless you just want to gamble.

**This is where the rsi has made a lower low, but price has not.

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