DEDO Oscillator used on QQQ

Updated
The QQQ DEDO chart appears to be tapping a resistance line near the 0 bound.

This suggests that QQQ is overextended against liquidity measures that support markets.

This chart uses an estimated 50% central bank allocation to markets.
Note
Here's the link to the indicator that this chart uses:
Dark Energy Divergence Oscillator - DEDO
Chart PatternsFundamental Analysis

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