DP559

QQQ POSSIBLE REVERSAL INTO NEW CHANNEL

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DP559 Atualizado   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
What's up guys,

Lets take a look at the QQQ .

-Price is trying to break out from the downtrend and above the 9 and 21 day moving averages.

-RSI making higher lows which (bullish divergence).

-MACD ticking upwards and signal lines are about to cross.

-If we continue to move up above the 9 and 21 moving averages, price can possibly follow that new channel to the upside.

Let me know what you think in the comments!

Cheers!
-DP
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