Place your bets on this Nasdaq 100 consolidation
The QQQ is the chart of the week heading into a very busy earnings week where many of the largest components will report numbers.
The spring is coiled and wound up and it's ripe for a breakout in either direction. One big continuation pattern in the direction of the YTD rally, or is this the top before the next leg down? Place your bets!
The spring is coiled and wound up and it's ripe for a breakout in either direction. One big continuation pattern in the direction of the YTD rally, or is this the top before the next leg down? Place your bets!
Evan Medeiros
Founder, Trade Risk
---
Website: thetraderisk.com
Twitter: twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
Free Newsletter: thetraderisk.com/trading-newsletter
Founder, Trade Risk
---
Website: thetraderisk.com
Twitter: twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
Free Newsletter: thetraderisk.com/trading-newsletter
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.