N0tSwift

QQQs Still trending down, consolidating

Short
NASDAQ:QQQ   INVESCO QQQ TRUST UNIT SER 1
I see this moving downward, but price moves are squeezing smaller indicating a bigger move coming.
Broke 282.50 support twice this week, but closed above with a gradual healthy rise to end the day.
Lower highs each day.

If we don't break pattern, Monday looks like...

*NOT FINANICAL ADVICE - NOT A FINANCIAL ADVISOR*
Comment: This looks like a topping candle, also indicating down on a daily chart.
Comment: Blew through 282, now down to 274 or further. Still on RED trend line down.
Comment: We sliced through the 270 support like it was nothing. Next stop around 260. Target in Sight, but still several days away. Election could change things around. Hoping for a Nice resume Upward trend soon, but not holding my breath for it , it could be as long as February.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out