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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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
QQQ Nasdaq ETF. Breaking out of the {Cup} setup "Blue ...
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.