OptionsAddicts

$QQQ — TRADING RANGE

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NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Volume has been increasing to the downside for the past 3 sessions: Bearish, Bears have been in control.
While we could easily see more selling pressure, I think we could get some sort of relief rally.

Both the stochastic and the cci are showing higher lows - within April - while the stock makes lower lows: Bullish, Positive Divergence.
We also have a pretty wide divergence from the 20-period moving average.







Komen:
Got more selling pressure early with the gap down & rallied to close out the day.

Will be very volatile with big names reporting earnings.
Komen:
Bye bulls

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