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vzwjon
7 jun 2019 17:25
Last years pullback on the QQQ overlaid current on the Daily.
Kort
NASDAQ:QQQ
1D
Invesco QQQ Trust, Series 1
NASDAQ
Beskrivning
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7 jun 2019 17:25
Pattern emerging that would build a nice channel, in the event it plays out. Should turn rather soon into next week or fractal would be invalidated. Sorry about drawing the fib backwards.
Kommentera
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7 jun 2019 17:26
Overlay is last years corrections ghost bars
Chart Patterns
QQQ
Fibonacci Retracement
Kommentarer
SteelyRivers
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7 jun 2019 17:56
With the world on the verge of QE3/4/5, this looks seriously unlikely and requires much imagination. Invalidation incoming.
vzwjon
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7 jun 2019 19:49
@counsellorvasquez, Valid point. Just laying out the similarity at the start of the patterns. Cant fight the fed.
Mer