finvizclub

QQQ looking like it wants to go higher...

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Solid trading day across all market indices $SPY $QQQ $DIA $IWM.

The most recent setup and price action on $QQQ is indicating to me that markets can go higher from here. It's been super choppy in the past 5 months, but the second half looks optimistic. Moving forward, one should continue to be aware that we are in the later stage of the business cycle and that stock picks should be robust.

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