What will be key is to see how we end the week.... know this.. pretty much everything (including the UBER play, congrats to those that took it) is topping out for the week. What will be key here is to see how we end the week. I see people calling inverse head and shoulders, blah blah blah. Lets see how the week ends. How strong do we reject. Or do we go sideways? That will be very telling.
If I were bullish anything, it would be QQQ short term, personally. But lets see how this week ends things. And for the inverse H&S gang, I would be looking for double tops to show up which means a pretty nice drop. But we will visit that another time.... for now, just be patient and see if we finish the week sideways or start dropping.
If I were bullish anything, it would be QQQ short term, personally. But lets see how this week ends things. And for the inverse H&S gang, I would be looking for double tops to show up which means a pretty nice drop. But we will visit that another time.... for now, just be patient and see if we finish the week sideways or start dropping.
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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.