Weekly Chart
Is todays fake break out to the downside the sign of a bottom? Every time QQQ has hit the 200EMA it has seen a bounce. The only time QQQ broke the 200EMA was during the 2008 financial crisis. We could see a potential bounce from this level.
Is todays fake break out to the downside the sign of a bottom? Every time QQQ has hit the 200EMA it has seen a bounce. The only time QQQ broke the 200EMA was during the 2008 financial crisis. We could see a potential bounce from this level.