over the past 24 years, the next two weeks have been historically strong for the $QQQ including the biggest average week of the year as summer starts! what's it going to be in 2024? #seasonality pic.twitter.com/PNlzeIJpwn — David Cox, CMT, CFA (@DavidCoxRJ) June 28, 2024 🏆 Today’s Chart of the Day was shared by David […]
Chart of the Day – Monday, June 17, 2024
RSI on $QQQ is on track to go above 82 for only the 7th time since inception. Mixed as a short signal over the next month or so. Terrible (for shorts) after that. pic.twitter.com/MvqGzu3VTg — Jason Goepfert (@jasongoepfert) June 17, 2024 🏆 Today’s Chart of the Day was shared by Jason Goepfert (@jasongoepfert). The Nasdaq […]
Chart of the Day – Wednesday, January 31, 2024
a $QQQ break under the 2021 high would be pretty bearish given the channel up here… pic.twitter.com/izuiY84dEf — Jamie Saettele, CMT (@JamieSaettele) January 31, 2024 🏆 Today’s Chart of the Day was shared by Jamie Saettele (@JamieSaettele) The Nasdaq 100 ($QQQ) dropped -1.96% today, marking its worst day since the Oct. 26th low. On a […]
Chart of the Day – Monday, October 30, 2023
After slaughtering R2K troops, traders recently began shooting NDX generals. Whether NDX can reverse last week’s minor breakdown is a key question, in my view. pic.twitter.com/yIGVmPCbZe — Mark Ungewitter (@mark_ungewitter) October 30, 2023 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). One of the more bearish aspects of last week’s price action […]
Chart of the Day – Wednesday, October 4, 2023
When reversal patterns fail, it's because they were actually continuation patterns #funfact $QQQ $XLK pic.twitter.com/ncLgYlkjDh — Steven Strazza (@sstrazza) October 4, 2023 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). The Nasdaq 100 ($QQQ) is attempting to invalidate the Head & Shoulders top that formed over the Summer. Bears will be trapped […]
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