This QQQ chart shows that we are still well within the price channel trend that formed years ago. Until we break this channel, the trend is bullish. Trading this short term rotation is great for short term swing traders, but remember where price momentum is and where it appears to want to go - which is HIGHER. Play it smart or get left behind.
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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.