QQQ Is it topping before a crash or setting up a correction?
QQQ is on a weekly chart. Only the pundits, soothsayers and headline readership volume seekers
know for sure. Will not the upcoming elections prop things up? Buy in March April and May
and then go away? Is this spring coming up roses or instead dandelions?
know for sure. Will not the upcoming elections prop things up? Buy in March April and May
and then go away? Is this spring coming up roses or instead dandelions?
Комментарий:
On a 15 minute tme frame. price is near to the bottom of the wedge at the support
ascending trendline where it can reverse and move up inside the wedge or
breakdown.
ascending trendline where it can reverse and move up inside the wedge or
breakdown.
Комментарий:
SPY may be on a similar trend
Комментарий:
IWN appears to be lagging and hanging tough
Комментарий:
Small caps have the best room upside IMO
Комментарий:
One strategy might be to focus on small caps in what might be one of the hottest sectors of biotechnology and medical technology for instance price less than $20
market cap less than $5M and volatility greater than 5% per week and relative volume greater than 1.5X the moving 20 day average.
market cap less than $5M and volatility greater than 5% per week and relative volume greater than 1.5X the moving 20 day average.
Комментарий:
QQQ finished out the week. month and quarter sideways. Onto April.
a rising wedge.