Yup...ALSO QQQ weekly has a massive ascending wedge. I can see
this breakdown as early as coming week or week after. But it’s time
for puts QQQ XLK for sure
QQQ - I guess depends on where you draw the lines from. But
again I am keeping an eye to short when i see some broader
weakness. There is also a RSI divergence on weekly. NASI
chart seems to be reflecting the same. August and esp Sep are
usually weaker months but this year may be different. lets see
Yup...ALSO QQQ weekly has a
Nice BO on bank stocks yesterday. Feel like for market ...
Posted by arun on 8th of Aug 2020 at 11:23 am
Yup...ALSO QQQ weekly has a massive ascending wedge. I can see this breakdown as early as coming week or week after. But it’s time for puts QQQ XLK for sure
Arun - When I look
Posted by z0ned on 9th of Aug 2020 at 06:50 pm
Arun - When I look at weekly QQQ I see a parallel channel. What makes the case for the wedge? Thanks!
QQQ - I guess depends
Posted by arun on 10th of Aug 2020 at 09:06 am
QQQ - I guess depends on where you draw the lines from. But again I am keeping an eye to short when i see some broader weakness. There is also a RSI divergence on weekly. NASI chart seems to be reflecting the same. August and esp Sep are usually weaker months but this year may be different. lets see
Arun - Appreciate you taking
Posted by z0ned on 10th of Aug 2020 at 09:28 am
Arun - Appreciate you taking the time to respond - thanks.
do you have a chart
Posted by ciamears on 8th of Aug 2020 at 05:34 pm
do you have a chart to share?