Latest rally reached critical level
Does the $QQQ latest rally makes sense?
We are technicians so we don't care about market's rationality.. but coming into tomorrow's FOMC meeting near critical it is important to know the story behind the price action.
Read my latest blog post regarding latest indexes price action
marketzone.tumblr.co...ning-up-for-the-fomc
If the $QQQ will stay below current resistance zone by the end of this week, we could see another strong selling action within the coming weeks.
We are technicians so we don't care about market's rationality.. but coming into tomorrow's FOMC meeting near critical it is important to know the story behind the price action.
Read my latest blog post regarding latest indexes price action
marketzone.tumblr.co...ning-up-for-the-fomc
If the $QQQ will stay below current resistance zone by the end of this week, we could see another strong selling action within the coming weeks.