$QQQ: Island reversal gap formation
Follow up from my 
SPY note.
-> Bearish island reversal gap formation at +1.9x standard deviation from long-term trend
->
QQQ multiple MACD negative divergence
-> MACD hitting +2x standard 3x in 3 months
->
IWM likely making a lower high at the upper boundary of an established channel
https://www.tradingview.com/chart/SPY/bkaBVWzM-SPY-Red-flags-aplenty/
SPY note.-> Bearish island reversal gap formation at +1.9x standard deviation from long-term trend
->
QQQ multiple MACD negative divergence -> MACD hitting +2x standard 3x in 3 months
->
IWM likely making a lower high at the upper boundary of an established channelhttps://www.tradingview.com/chart/SPY/bkaBVWzM-SPY-Red-flags-aplenty/
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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.