Finally QQQ has had a meaningful and rather rapid correction. I have been calling for 460ish for a while and have avoided adding to majors that arent tied to option selling. I took this opportunity to add a hefty position to amazon in the long-term spot account.
-If this teal line doesnt hold we will drop to the prior red trend.
-I think we definitely see some action in the demand zone box, possible a flash below to the 50 ema around 440$
-The quicker this happens, the quicker we are to base and then recover
-If this correction is drawn out we will have a pretty lousy August until a rally in late Sept.
-If this teal line doesnt hold we will drop to the prior red trend.
-I think we definitely see some action in the demand zone box, possible a flash below to the 50 ema around 440$
-The quicker this happens, the quicker we are to base and then recover
-If this correction is drawn out we will have a pretty lousy August until a rally in late Sept.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.