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Still long QQQ
Invesco QQQ Trust, Series 1
Long
Still long QQQ
By sancheas
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Updated
Nov 14, 2018
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Nov 14, 2018
Interesting that we filled the October 30 gap, price of $166.15 was a comfortable floor until the latest gap fill.
With no 10/20 death cross and not overwhelming bearish divergence, I think we will get some relief this week
Nov 14, 2018
Note
Also interesting that the gaps filled in a lowest-to-highest order. The 3 gap sizes were:
~$0.50
~$1.50 = x3 previous gap
~$3.00 = x2 previous gap
Is the next gap to fill a x1 previous gap, so $3?
If so would justify would gives take us back to $170 by early next week
Nov 14, 2018
Note
Really ugly close but we are still in that channel...
Pivot Points
Trend Analysis
sancheas
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