Nasdaq QQQ - Comparing 2017-2018 to the 2013-2014 bull run
Another interesting market comparison that I see looking at the QQQ's of 2014 to our present day. Price COULD* be at the early stages of showing it wants to move higher from here.
These are 2 week chart timeframes and I noticed a few possible clues in the 3/10 oscillator and RSI.
Specifically the 3/10 looks to be making an upturn.
Along with the RSI is still showing a positive reversal**, which denotes price wants to continue higher.
*Not a prediction, so don't load up the boat on July calls... unless you just want to gamble.
**This is where the rsi has made a lower low, but price has not.
These are 2 week chart timeframes and I noticed a few possible clues in the 3/10 oscillator and RSI.
Specifically the 3/10 looks to be making an upturn.
Along with the RSI is still showing a positive reversal**, which denotes price wants to continue higher.
*Not a prediction, so don't load up the boat on July calls... unless you just want to gamble.
**This is where the rsi has made a lower low, but price has not.
