quantguy
Short

Markets Shake with Impending Rate Hike

NASDAQ:QQQ   POWERSHARES QQQ TRUST, SERIES 1
The bullish run for the markets appears to be slowing especially as the impending interest rate hike gets becomes more of a reality. Some bearish signs are especially prevalent for QQQ             , as we see a relative vacuum area from below and lots of room before we hit any resistance from the Ichimoku cloud . Moreover, the RSI , MACD and OBV all indicate an unfortunate turn of momentum for this asset.

For profit targets, consider the first fibonacci level at around 111.59, or the high of 10/22 at 109.82. Be especially wary of 115.52 as it corresponds to a recent high and a fibonacci level concurrently.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out