$QQQ Bottom In???
The Nasdaq 100 may have just put in it's bottom around -10.5% drawdown over the past 2 months. For this bottom to truly be in, I need to see at least $377. The 185-215EMA cloud (in blue) appears to be holding as nice support but could be a head-fake. 1/21/22 pricing will give me key insights into whether or not this is hype or a trend reversal, stay tuned!
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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.