QQQ currently in mid down trend channel. Probably will try the 260 level (weekly 200 MA and good support area) by the first week of July. From there should bounce up a bit before continuing lower later in the year.
The general down trend on the daily/weekly charts should continue probably towards end of year. If full blown recession and a real deleveraging occurs good chance we see most markets at their covid levels by end of year/Q1 23'.
The general down trend on the daily/weekly charts should continue probably towards end of year. If full blown recession and a real deleveraging occurs good chance we see most markets at their covid levels by end of year/Q1 23'.