sancheas

Still long QQQ

Long
sancheas Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Interesting that we filled the October 30 gap, price of $166.15 was a comfortable floor until the latest gap fill.

With no 10/20 death cross and not overwhelming bearish divergence, I think we will get some relief this week
Comment:
Also interesting that the gaps filled in a lowest-to-highest order. The 3 gap sizes were:
~$0.50
~$1.50 = x3 previous gap
~$3.00 = x2 previous gap

Is the next gap to fill a x1 previous gap, so $3?

If so would justify would gives take us back to $170 by early next week
Comment:
Really ugly close but we are still in that channel...

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