The 
QQQ is exhibiting a converging triangle pattern, characterized by rising lows, similar to the $SPY. This pattern suggests a potential breakout or continuation of the trend. The reasoning behind this setup is that the rising lows indicate buying interest and a possible reversal of the downtrend. A significant market decision is expected, which could lead to a breakout or a continuation of the current trend. To confirm this idea, we would need to see a decisive move above the triangle's resistance or a break below the support level.
Not financial advice.
QQQ is exhibiting a converging triangle pattern, characterized by rising lows, similar to the $SPY. This pattern suggests a potential breakout or continuation of the trend. The reasoning behind this setup is that the rising lows indicate buying interest and a possible reversal of the downtrend. A significant market decision is expected, which could lead to a breakout or a continuation of the current trend. To confirm this idea, we would need to see a decisive move above the triangle's resistance or a break below the support level. Not financial advice.
stockgurvip
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
stockgurvip
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.