$QQQ - ALL the way to the bottom of the Implied Move.
Good Morning, y’all. I lost my voice (more like a sore throat, I feel fine otherwise but a sore throat so doing the charts on here today)
Yesterday - QQQ opened with a pop uptown open and got smacked down by the 30min 200MA, back under the 1hr 200 and the 50 Day all the way down to the bottom of the implied move, then back up and got smacked by the 1hr back under the 50DAY moving average.
We closed just underneath the bottom of the implied move for the day.
Great volatility and all on the red side.
We are quite oversold here - maybe a fight for the 20 day moving average. Also note that the 50 Day moving average is facing down here now and the 35EMA has slipped underneath the 30min 200.
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🔴My Chart Settings- youtu.be/WJhP0NhED0o
I am not your financial advisor.
Disclaimer
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🚨Subscribe here if you want these charts in advanced on YouTube - it’s free, youtube.com/@spyderqueentrading
🔴My Chart Settings- youtu.be/WJhP0NhED0o
I am not your financial advisor.
🔴My Chart Settings- youtu.be/WJhP0NhED0o
I am not your financial advisor.
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.