Today's market rally is nothing other than bear market rally. The QQQ is clearly forming a descending channel pattern, and I expect more to the downside. I would watch the resistance level at $340, we may to test that and continue trending down.
Watch your levels, they are the story telling.
Watch your levels, they are the story telling.
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.
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.