THIS IS A DANGER SIGN ...
Among all the indices, qqq seems to be the weakest and it's only one that has broken the daily swing bottom.
Spx had just touched the bottom level of previous swing bottom.
Oct 1 - qqq may retrace back up to that 360 level and if it doesnt close above 361 then it's very bearish from here.
refer to my previous post on
VIX
Among all the indices, qqq seems to be the weakest and it's only one that has broken the daily swing bottom.
Spx had just touched the bottom level of previous swing bottom.
Oct 1 - qqq may retrace back up to that 360 level and if it doesnt close above 361 then it's very bearish from here.
refer to my previous post on
VIX Note
as predicted qqq rallied up towards 360 level and came back down with big volume .. check the hourly chart
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.
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.