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TradeWithShan
May 24, 2022 7:57 PM

$QQQ the ETF based on Nasdaq is creating a Bullish Hammer  

Invesco QQQ Trust, Series 1NASDAQ

Description

The popular QQQ ETF based on Nasdaq Top 100 shares is creating a Bullish Hammer in the chart. The ETF is almost at 52 Wk Low and much away from 50EMA. So, this could possibly be a swing trade opportunity if it reverses from here.
However, the market in general is still bearish and the fear is that, it would remain so for the next few weeks if not months.
Comments
MF1099
Great video! What do your think the results would be for fed minutes meeting - will we continue down or move upwards
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