QQQ Nasdaq ETF. Breaking out of the {Cup} setup "Blue Sky" style
and on a Friday. Any pullback from here could be viewed as the
{Handle} setting up as long as we stay over $225 which is where i
would place my stop. Top Holdings Include AAPL INTC CSCO NVDA ADBE
PPYL TSLA AVGO TXN
Bottom of bollinger band, mild positive divergence on RSI5, and
MACD. Retail sentiment on NDX was 85 at the Feb high.
From Friday at 90% retail bulls. Rich territory. I can
see a falling wedge on a 10 minute chart of SQQQ at bottom of
wedge. Looked like a wave 3 peak on Friday in NDX.
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QQQ Nasdaq ETF. Breaking out
Posted by goldnice on 6th of Jun 2020 at 08:31 pm
QQQ Nasdaq ETF. Breaking out of the {Cup} setup "Blue Sky" style and on a Friday. Any pullback from here could be viewed as the {Handle} setting up as long as we stay over $225 which is where i would place my stop. Top Holdings Include AAPL INTC CSCO NVDA ADBE PPYL TSLA AVGO TXN
https://stockcharts.com/h-sc/ui?s=TQQQ&p=D&yr=0&mn=9&dy=0&id=p85513442467&a=486439622&listNum=61 Top of the bollinger
Posted by steve101 on 7th of Jun 2020 at 02:12 pm
https://stockcharts.com/h-sc/ui?s=TQQQ&p=D&yr=0&mn=9&dy=0&id=p85513442467&a=486439622&listNum=61
Top of the bollinger band on TQQQ. could see a correction soon.
https://stockcharts.com/h-sc/ui?s=SQQQ&p=D&yr=0&mn=9&dy=0&id=p85513442467&a=486439622&listNum=61
Bottom of bollinger band, mild positive divergence on RSI5, and MACD. Retail sentiment on NDX was 85 at the Feb high. From Friday at 90% retail bulls. Rich territory. I can see a falling wedge on a 10 minute chart of SQQQ at bottom of wedge. Looked like a wave 3 peak on Friday in NDX.