QQQ Meets critical levels

Updated
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.



Note
Great bounce off the bottom of the channel
Chart PatternsTrend AnalysisWave Analysis

Related publications

Disclaimer