How much longer can The QQQ rally without its underlying bredth.
Since the end of November 2023 the QQQ has not gained any without the mag 7. The magnificent 7 have increased by 30%.
If you take out TSLA the MAG 6 has increased by 44%.
6 companies holding up the weight of index.
However, TSLA is looking quiet bullish. Mean while the QQQ's possible H&S bearish pattern.
This concentrated rally might continue further although the Question is, is this sustainable and if so for how long?
If you take out TSLA the MAG 6 has increased by 44%.
6 companies holding up the weight of index.
However, TSLA is looking quiet bullish. Mean while the QQQ's possible H&S bearish pattern.
This concentrated rally might continue further although the Question is, is this sustainable and if so for how long?
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.