As noted on the QQQ chart I shared yesterday, I'm noticing some bearish divergence from Price & RSI. Also riding along an upper trendline shown in red. As of now, the lower trendline in green has shown support. We've had 2 instances of similar divergence which resulted in a very fast 2-4 day drop which got bought back up just as fast. Interested to see how this...
Taking a look at QQQ Chart, showing us some bearish divergence. With Price making new highs, and RSI making lower highs. This generally occurs before a change in trend. How long does the trend change last? We don't ever know, and monitor price action as we go along.
