Invesco QQQ Trust, Series 1Singkat
QQQ topping out
Typically a good top signal is when u have > 3 more green candles above the keltner channel. Together with a decreasing ATR / and RSI >65 show signs of QQQ topping out.
What is missing a trigger that:
1) Thursday's job data (given the past few job data has been positive for QQQ though. Jobs might be picking up)
2) Wednesday's Inflation prices PMI ( clearly it should go upbeat consensus. Question is by how much)
3) yields spike up (highly unlikely given it is being artificially suppressed by the Fed & Jap buying)
Historically, this week is weak for the tech though unless the above-mentioned trigger, it might be postponed to next week..
What is missing a trigger that:
1) Thursday's job data (given the past few job data has been positive for QQQ though. Jobs might be picking up)
2) Wednesday's Inflation prices PMI ( clearly it should go upbeat consensus. Question is by how much)
3) yields spike up (highly unlikely given it is being artificially suppressed by the Fed & Jap buying)
Historically, this week is weak for the tech though unless the above-mentioned trigger, it might be postponed to next week..
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.