QQQ broke year long up-channel support
Updated
March 23, 2020 tech has surged... topping ATH mid-FEB at 338.19
Yellow line indicate UPTREND channel from the bottom
Since then we have begun to see pull-back appearing more and more like a correction
Bouncing off 304 QQQ it has held resistance (3) times.
Watching 307
Watching 10y Yield %
Watching sector rotation
QQQ PT 290 APR 1
Yellow line indicate UPTREND channel from the bottom
Since then we have begun to see pull-back appearing more and more like a correction
Bouncing off 304 QQQ it has held resistance (3) times.
Watching 307
Watching 10y Yield %
Watching sector rotation
QQQ PT 290 APR 1
Comment
EOW Watching 38.2% fib at 309.05
Breaks SUPP looking at landslide
Fibs 50% 61.8% will closely follow
Might exit trade to reposition MONDAY to avoid holding over (bull-saturated_typical) weekend. EOD PT 298-304
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