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QQQ is showing to be rather volatile
Invesco QQQ Trust, Series 1
Short
QQQ is showing to be rather volatile
By ratchet-mint
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Sep 6, 2024
1
Sep 6, 2024
QQQ is showing to be less predictable and prone to false breakouts
Last week QQQ performed a two day long false breakout above before retreating
Today we see QQQ again break below its downward trend.
breaking below a downward trend is usually followed by a course correction back into the normal trading zone
QQQ is proving to be volatile and thus difficult to define when a trend is actually reversing or just another fake out that takes our money.
QQQ
Support and Resistance
Trend Lines
volatilty
ratchet-mint
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