DEDO Oscillator used on QQQ
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.
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:
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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.