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?
Nota
On a lower time frame of 50 minutes- QQQ is a slightly unflat triangle and / ora rising wedge.
Nota
On a 15 minute tme frame. price is near to the bottom of the wedge at the supportascending trendline where it can reverse and move up inside the wedge or
breakdown.
Nota
SPY may be on a similar trend Nota
IWN appears to be lagging and hanging tough Nota
Small caps have the best room upside IMONota
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 $20market cap less than $5M and volatility greater than 5% per week and relative volume greater than 1.5X the moving 20 day average.
Nota
QQQ finished out the week. month and quarter sideways. Onto April.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.