A textbook Bear flag with proper breakdown and reached the target.
Now the market is ranging to decide where to go. Whatever the price action will be, there will be suitable news on TV afterwards don't worry.
Looking purely at the charts, QQQ should recover between 488-510 area.
The two big volume days at the end of the pattern target convinced me we are on the way up for now, whether its a trap or not remains to be seen.
Cheers
Now the market is ranging to decide where to go. Whatever the price action will be, there will be suitable news on TV afterwards don't worry.
Looking purely at the charts, QQQ should recover between 488-510 area.
The two big volume days at the end of the pattern target convinced me we are on the way up for now, whether its a trap or not remains to be seen.
Cheers
액티브 트레이드
acting as predicted, area target reached. Can have a small consolidation towards 460-470 before the next leg.노트
consolidation never happened despite uncertainty towards the market. We will be entering euphoria stage노트
When the closure is over, we will see new highs, despite many are being bearish. especially on nasdaq면책사항
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면책사항
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