$QQQ TOP 20
Added 2023-09-18 01:19:08 +0000 UTCIt wasn't too long ago where the $QQQ chart just mirrored a combination of the $AAPL and $MSFT chart but we can see a clear break away from this now.
This chart is more inline with just $MSFT now.
So far the bulls are very much in control here and I am seeing a triangle now over the last week, which normally breaks to the side where the trend is going, so the trend into the triangle was upward, so we expect this to continue in this trend.
Of course the concern is that if $MSFT and $AAPL do break down to their 200 Day MA's this will certainly have an effect on the $QQQ.
Also, $NVDA, $NFLX and $META do not look particularly strong right now and $TSLA could reject going above its previous high at $300 too.....so it is too early to say that we are out of the woods yet but the chart has followed our projection perfectly for the last few months, so let's stick with it.
