1 hr look. Last H&S prediction didnt play out courtesy of Apple and Amazon bullish moves.
A look over 382.75 is An ascending Triangle breakout with 384.91 The target.
A look below below 382.75 and that would be a double top with 376 first target.
Chip sector now belongs to the algos. The volume is drying up there
Apple is full extended outside its Bollinger bands which might mean a temporary pull back, And i do mean temporary. Im sure they'll keep apple up until the event on Sept 14th.
Amazon is in need of some volume to finally breakover and close above 3525. if amazon can breakover that area im sure they'll close what remains of that gap .this would def push the QQQ higher.
Paypal wants to close its gap also albeit its only a 1% move.
TSLA and both FB have bullish price action
Netflix , similar situation as apple .over extended and needs a pullback ..
A look over 382.75 is An ascending Triangle breakout with 384.91 The target.
A look below below 382.75 and that would be a double top with 376 first target.
Chip sector now belongs to the algos. The volume is drying up there
Apple is full extended outside its Bollinger bands which might mean a temporary pull back, And i do mean temporary. Im sure they'll keep apple up until the event on Sept 14th.
Amazon is in need of some volume to finally breakover and close above 3525. if amazon can breakover that area im sure they'll close what remains of that gap .this would def push the QQQ higher.
Paypal wants to close its gap also albeit its only a 1% move.
TSLA and both FB have bullish price action
Netflix , similar situation as apple .over extended and needs a pullback ..
Idea Berkaitan
QQQ update
ContraryTrader
about QQQ