NASDAQ:QQQ   INVESCO QQQ TRUST, SERIES 1
169 views
1
169 2
Notes on chart
I suspect your blue wedge may still be valid despite the backup. With Ukraine dangling and the confusion about the direction of the market who wants to enter new Longs going into a three day weekend? A lot of the big traders have already taken the week off.
Reply
KLang OldGoat
It may indeed. I don't think Ukraine matters at all. But IBM matters. Will people flock out of the "old tech" now? And if so, I doubt they'll run into "new tech." However, IBM reflects 11% decrease in growth markets, which may hurt $EEM - where money goes from there IWM or TLT? What's most telling to me is energy. Energy says there is demand, which means the economy is good. However, all that goodness seems to be priced in. XLU TLT say let's park our money somewhere...a difficult market, for sure.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out