Tech sold off but held support. Could be the last dip imo. #QQQ possibly building an inverse head and shoulders (bullish pattern) on the 4 hour time frame. Rsi trending up. Closed at 312 support, if that continues to hold, QQQ could head back up. Need to wait to confirm direction on this one
Bonds & financials such as US10YR & XLF are both in rising wedges and both show bearish divergences in RSI
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.