MAJOR confluence on QQQ in the 270~ zone. NO BOTTOM YET
QQQ still looks bloody, and bear flags are coming in on lower timeframes. I don't see a sustainable bottom until:
1. We hit the 268~ area
2. We see a BIG spike in Volatility. IV30 and VIX are still very low considering the size of this correction.
1. We hit the 268~ area
2. We see a BIG spike in Volatility. IV30 and VIX are still very low considering the size of this correction.
White Lake Investment