QQQ - Question for Bulls
Weekly close will likely shape up as a bearish harami combo with a shooting star candle as well - strong bearish signals this would create. Also of note, techs - MACD and RSI have bearish divergences. Andrew's pitchfork to the upside has not yet been achieved, and if it fails, the measured geometrical move (per fibs from the all time high via EW - abc correction) will set up a very clean move to the downside to tag the median line of the Andrew's pitchfork. Question for the Bulls is... Can they reach the median line of the pitchfork to the upside? If they can, then the bearish divergences in techs should be resolved; if they can't, then the guidelines say a move equal to or greater from the last pivot shall occur - suggesting the white path becomes primary. GLTA!
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