Back to the Channel

Atualizado
It looks the QQQ is going back into the channel soon. Don't be surprised if it goes to the bottom of the channel at around 250-270.
Nota
Looking at the futures, the QQQ is likely to break the top trendline and gets back to the channel sooner than I thought.
Nota
The QQQ forms a lower low today at around 318. Expect a lower high again in upcoming days.
Nota
Feels like there is one nasty dump of the QQQ coming in the future. Be prepared.
Nota
Weekly close below the top of the channel line. The dropping could continue into the next few weeks.
Nota
On the way down to the bottom of the channel as of May 9, 2022.
Nota
Got there after a huge drop since Mid-August. Not a surprise.
Chart Patterns

Aviso legal