Get started
Invesco QQQ Trust, Series 1

QQQ after 4 days of red candles is reaching new support level?

By MasteringCS
After breaking the double head last week, the QQQ retraced this week to a possible new support level at 171. If the QQQ rises the coming week, a second daily higher low (from the February correction) would signal buys. Neverteless, the bull market has extended for so long (10 years aprox.) that a significant correction could arrive any time soon.

https://www.tradingview.com/x/wb5rykMF/
Chart Patterns
MasteringCS

Related publications

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.