The Nasdaq100 (QQQ) seems to have completed its B wave and looking downward for a C wave towards its 200 week moving average near 257.
The inflation and rising rates environment is not good for tech stocks in general, the chart seems to suggest that this not an exception.
The inflation and rising rates environment is not good for tech stocks in general, the chart seems to suggest that this not an exception.
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.
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.