$Invesco QQQ(QQQ)$ - 2024 'Santa Claus Rally' To Begin?
If conventional wisdom and historical trends hold true, the "Santa Claus rally" period—encompassing the last 5 trading days of the year and the first 2 trading days of the new year, begins in the half day session later today.
QQQ has reclaimed 4-months trendline support, along with 10 & 20-MA pinch. It is 4% away from trend channel resistance, about 3 x ADR% away.
the most certain way to succeed is always to give yourself one more chance, one more year, Just make sure to do it right this time.
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