QQQ reached a very trick position today. What we need to look for on Thursday is that,
whether it will break above the trend line and stay bullish, or get rejected by the trend line and become very bearish. If it stays bullish, watch for some levels above that will possibly be tested. If it reverses to bearish momentum, it will find solid support at 450-445.
whether it will break above the trend line and stay bullish, or get rejected by the trend line and become very bearish. If it stays bullish, watch for some levels above that will possibly be tested. If it reverses to bearish momentum, it will find solid support at 450-445.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.