Initially next strong support level for QQQ is 300. Weekly 8 EMA Support level is 300. RSI clearly made a divergence. so clearly the needs a correction! All indexes came under 8 days EMA. so overall market might see up to 5% correction from here! The hourly chart of DJI also created an H & S pattern.
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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.