$QQQ + $SPY X uploads
Added 2024-04-27 18:55:09 +0000 UTCI added a few market charts to X today to see how some indicators look on the weekly charts, so we can build a bigger picture of how the market is moving and the RSI and MACD indicators are telling.
Both in a very clear descending trajectory right now
But still, we will wait for the test of the 50 Day MA on the daily chart
More on this tomorrow evening when I uploaded the TOP 20 review of charts.
Comments
how high do you think QQQ goes from here before the pullback
Jeremy W
2024-04-27 20:06:43 +0000 UTCAt end of wave 3 you can see RSI made negative divergence with higher price action after overbought RSI rolled. Seems a possible scenario for one more slightly higher high on lower RSI then the big flush starts
Byron Tanigawa
2024-04-27 19:50:50 +0000 UTC
