Is todays fake break out to the downside the sign of a bottom? Every time QQQ has hit the 200EMA it has seen a bounce. The only time QQQ broke the 200EMA was during the 2008 financial crisis. We could see a potential bounce from this level.
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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.