QQQ breaks above downward trend
QQQ reverses after massive selloff and goes into bullish rebound
Made an entry at 484 expecting more buying to come
- Thursday Oct 1 saw massive sell off on high volume, signals reversal coming
- confirmation of reversal came Friday Oct 4 when it broke the trend and held above
- Gap fill on Friday morning was quickly followed by rally staying above downward trend entire day.
Made an entry at 484 expecting more buying to come
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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.