QQQ fell to the bottom end of the trend yesterday. AS you can see between points 4-5 the growth has been weakening compared to waves 1 + 3.
RSI oversold though..
My thought is we move sideways a bit after giving up some ground here, then we make another run up.
RSI oversold though..
My thought is we move sideways a bit after giving up some ground here, then we make another run up.
Note
Great bounce off the bottom of the channel
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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.