Pattern of higher lows need to hold
Yesterday's 
AAPL warning put a dent on the rally and QQQs swiftly moved back from the $296 resistance area. Now the pattern of higher lows needs to sustain for the index to prove the bottom is in for a while so will look if $280 holds or not. A breakout above yesterday's pivot of $296 will be keenly watched for further bullish signal with NFLX, TSLA and SNAP among major earnings to determine the trend
AAPL warning put a dent on the rally and QQQs swiftly moved back from the $296 resistance area. Now the pattern of higher lows needs to sustain for the index to prove the bottom is in for a while so will look if $280 holds or not. A breakout above yesterday's pivot of $296 will be keenly watched for further bullish signal with NFLX, TSLA and SNAP among major earnings to determine the trend
Related publications
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.