donoso007

QQQ after 4 days of red candles is reaching new support level?

NASDAQ:QQQ   INVESCO QQQ TRUST UNIT SER 1
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After breaking the double head last week, the QQQ retraced this week to a possible new support level at 171. If the QQQ rises the coming week, a second daily higher low (from the February correction) would signal buys. Neverteless, the bull market has extended for so long (10 years aprox.) that a significant correction could arrive any time soon.

https://www.tradingview.com/x/wb5rykMF/
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