NimbusTrader

QQQ Daily Chart Analysis - 28 April 2018

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ is still within the Symmetric Triangle form. If the price continue to go higher and break the triangle, market may go higher. Unfortunately, it seems like it going to take few more days to form a breakout from the Triangle.

At the meanwhile we can look at the support on 20EMA, let's see what happen on tonight forming. If the candle go below it, probably we can start searching for Short Trade or vice versa.
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