We are what looks like a perfect setup for an SQQQ rise which would mean a QQQ decline.
Currently it's been trading in a descending wedge and about to cross over on the daily MACD.
This is followed by low RSI and and some near term gaps that need to filled.
I think the question is how far does the NASDAQ have to decline again for these gaps to be filled?
Could have another small decline tomorrow or we could start a reversal next week... who really knows
Looks like a nice set up to possibly take advantage once there is a clear breakout.
That's all folks.
Currently it's been trading in a descending wedge and about to cross over on the daily MACD.
This is followed by low RSI and and some near term gaps that need to filled.
I think the question is how far does the NASDAQ have to decline again for these gaps to be filled?
Could have another small decline tomorrow or we could start a reversal next week... who really knows
Looks like a nice set up to possibly take advantage once there is a clear breakout.
That's all folks.
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.