QQQ update
White lines - Weekly channel
Yellow line - Trendline support/ Double top conformation
Purple line- last line of support
Green line - Minor bear channel. << important ***
According to the minor
Tomorrows high should be no more then 377.70
Tomorrows low could and should hit 372 which would be minor support and yellow trendline support.
Selling volume increasing , Macd death cross, 3 red candles confirming hang man made on sept 8th.. Make no mistake, tech will lead this correction. JPM today just advise its investors to trim their exposure in Tech equities.
Yellow line - Trendline support/ Double top conformation
Purple line- last line of support
Green line - Minor bear channel. << important ***
According to the minor
Tomorrows high should be no more then 377.70
Tomorrows low could and should hit 372 which would be minor support and yellow trendline support.
Selling volume increasing , Macd death cross, 3 red candles confirming hang man made on sept 8th.. Make no mistake, tech will lead this correction. JPM today just advise its investors to trim their exposure in Tech equities.
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