ContraryTrader

QQQ update Trendline fail (Double top)

Corto
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Lost trendline support Premarket. This is bad , and I think this will kick off a double top unless we can reclaim that trendline.

Next support level is 379.52 , I don't think that will hold looking at some of the bigger names in tech. Amazon has lost its 200sma, Tesla has lost its supporting trendline, FB is below its 50sma etc....
Should we lose 379.52 , This double too should take us back to 350

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.