frodo75

Gap and Crap, Inside Bar and Death Cross?!!!

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Gap and Crap with inside bar usually leads to a follow-through the next day with another red candle. How low will it go? Plenty of room to fall and still remain bullish. I see that there is a reversal the 2nd day after this event so this is short term at best.
Death cross is a different thing altogether. Considering this rally has been on the back of "new age" companies, will QQQ lead the entire market south with it?

Caveat Emptor and good luck!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.