View: slopechart_QQQ.jpg

slopechart_QQQ.jpg

QQQ - Bullish or Bearish? 
Price just under the Cloud, squished between support and resistance, in what could be a bull flag. 
The Cloud directly above is quite thin. 
All following a pronounced W, where the would-be flag represents the front legs of a dinosaur getting ready to grow a long neck. 
But if it doesn't do all that, it's bearish.

Image added via SlopeCharts
slopechart_QQQ.jpg

Comments

VioletViolet
10/17/23
VioletViolet
Look at where this second red line (2007-now broken support) hits current price level. 
 
10/17/23
VioletViolet
10/17/23
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