Demand zones for QQQ

2023년 10월 31일

QQQ has displayed heavy weakness as investors take profit from the magnificent 7 and others. The first demand zone saw a weekly candle strike right through the weak orderbook. The next large demand zone is the bar noted below. I don't believe this will happen quickly, it might not happen for a long time. I believe QQQ strives to be back above the higher demand for a while..