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xtremerider8

QQQ breaks below Mar2020 trendline & Cloud

Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
xtremerider8  
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Technical Indicators
2
0
indicator
I warned in a post yesterday that the Nasdaq correction is not over yet. Big drop yesterday.
Last few days we saw QQQ seesawing the dma20 lower & lower (see yellow candles) until it drops & struggles inside the cloud but failed.
Next support likely at 350 & 340 & may trade horizontally for a while.
Not trading advice
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