Invesco QQQ Trust, Series 1
เพิ่มขึ้น

QQQ formed a wedge.

โดย timl201806
ที่อัปเดต:
3 pushes to the downside have been completed. Upside breaks are expected.

My two cents, trade with your own risk. Good luck!
ความคิดเห็น
Market made a strong breakout from the wedge today.

Pullback or gap up tomorrow?
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Since huge volume today, strong trend bar decisively breakout. Bulls buy all the way to the close. Therefore, my opinion for tomorrow's open is that gap up is high likely with 60%-70% odds, pullback tomorrow is just 30%-40%. But pullback may come the day after tomorrow.

Trade at your own risk. Good luck!
ความคิดเห็น
PB today, nothing surprises.

As of today, SPY and DIA all look sound and healthy. Set the stop and closely watch the market unfolds. At the same time, enjoy the holiday season!
ความคิดเห็น
Another PB day. Again, QQQ, SPY and DIA all maintained bull trend integrity. So far so good.
ความคิดเห็น
Zoom into the 15-minute chart, Thursday and Friday PB formed a two-legged correction as a bear channel (bull flag) due to the buy climax that occurred on Wednesday.

Re-testing the Friday opening low (HL or LL) on Monday is possible. Carefully watch the market unfolds. Good luck!
ความคิดเห็น
Though the bull trend integrity is still maintained on QQQ, SPY, and DIA today, the drop back to the previous trading range is not a good sign. Carefully watch as the market unfolds.
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