QQQ - Chart Link- that weekly divergence been
building for a while
$INDU - Chart Link- the Quarterly view of the
indexes, Steve always mentioned when price is above its upper
Bollinger Bands due for a pullback, well the Nasdaq has been above
for 4 quarters now, eventually that will need a reset
Given QQQ weekly MA are pointing up , don’t you think they
should flatten and turn down before we correct ? if that‘s
the case maybe we correct with time than by price ??
QQQ big picture comments
Posted by matt on 17th of Jan 2021 at 02:55 pm
QQQ - Chart Link- monthly looks pretty vulnerable, steep wedge and decreasing volume
QQQ - Chart Link- that weekly divergence been building for a while
$INDU - Chart Link- the Quarterly view of the indexes, Steve always mentioned when price is above its upper Bollinger Bands due for a pullback, well the Nasdaq has been above for 4 quarters now, eventually that will need a reset
Given QQQ weekly MA are
Posted by arun on 17th of Jan 2021 at 04:02 pm
Given QQQ weekly MA are pointing up , don’t you think they should flatten and turn down before we correct ? if that‘s the case maybe we correct with time than by price ??
QQQ weekly 20, 50 and
Posted by z0ned on 18th of Jan 2021 at 07:55 am
QQQ weekly 20, 50 and 200 were all pointing up at the end of the week before the March sell off.