$QQQ - Hanging Man Candle?
$Invesco QQQ(QQQ)$ - Hanging Man Candle?
Everything is possible, previous cases with red continuation are highlighted, the best way to invalidate this signal is a recovery of the 10DMA (Yellow Line).
Stochastic is bullish, but it can be invalidated as the red arrow points out. There is still a gap.
Will the 10DMA be recovered?
Same observations for $.SPX(.SPX)$ , previously posted.
This market is moving up in a suspicious way, but don’t fight the trend.
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