Blog post: Day 11 of $QQQ short term down-trend; Weekly 10:30 chart of QQQ shows what a bottom looks like


Gray solid line is weekly close. That needs to come back above 30 week average (solid red) to indicate a likely new longer term up-trend. Then the dotted line (10 week average) should climb back above the red. Check out the bottoms in 2019 and 2020.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.