Nasdaq e QQQ
the 270 did not keep them, it broke and on the daily did a pullback, in my opinion it continues, it broke the last minimum and this opens the way to 240
I still do not see clear signs of a decline and congestion could be forming, the dollar could lose something in the next few weeks as well as not
S&P and DJ have not yet confirmed bearish breaks but they are close
however if the QQQ corrects I doubt it can go fast above 280, a break below 260 would lead me to analyze several short Stocks
in my opinion on October 13th there was a shakeouts and a lot of petty speculators were cleaned up
I still do not see clear signs of a decline and congestion could be forming, the dollar could lose something in the next few weeks as well as not
S&P and DJ have not yet confirmed bearish breaks but they are close
however if the QQQ corrects I doubt it can go fast above 280, a break below 260 would lead me to analyze several short Stocks
in my opinion on October 13th there was a shakeouts and a lot of petty speculators were cleaned up
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.