QQQ is trading above the January open at 514.3; but given the high volatility seen in March and April, that’s not a positive setup. The bottom reversal from April already played out with 526 as the target. Taken together, these may be pointing to trouble ahead.
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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.