Bullish Crossover Faded in $QQQ?
4th visit to the 50-Daily MA zone in the last 5 trading days.
Too much weight in one line, curving with the price action of the last 2 weeks.
$434 is a confluence zone of levels. It should generate a bounce; otherwise, the $428-$425 zone will welcome the price.
Circled in the chart, previous failed attempts to flip oscillator. $Cboe Volatility Index(VIX)$ $Destiny Tech100 Inc(DXYZ)$ $NASDAQ 100(NDX)$
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- clipzy·04-11Thanks for sharing your insights!LikeReport
- Tom Chow·04-12goodLikeReport