jd5584

QQQ Cycle Analysis and Projection

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
3
Note the consistency in QQQ ICL high/low bar lengths. In late 2015/early 2016, 45 bars (TD's), from Feb 2016 thru Apr 2016, shifted to 49 bars (TD's), from Brexit low to early Sep high = 50 bars (TD's). Based upon this information, the "window" for the ICL is Nov 8-16, 2016. Relative strength of NDX/QQQ can be seen with the DCL that printed on Thur, Oct 13 well above the swing lows of Sep 9. Concurrently, SPX/RUT were testing (or within the vicinity) of the Sep 9 lows.
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.