QQQ may fall based on pitchfork analysis

QQQ reached the bottom of the pitchfork and it bounced back but at this time it reached the middle red line of the pitchfork which is a likely place to fall back.

Kommentar:

QQQ fell today as I predicted. At close my algos (multiple ones) gave a BUY signal. My own analysis also concurs: I expect the fall to stop tomorrow (either recover or flat).

Trade wurde manuell geschlossen:

I bought more TQQQ shares this morning after opening. looking at my ToW indicators, I'd say QQQ would reach at least 190 by Thursday.

Kommentar:

You can also see on the chart (if you play the "play" (triangle) button on the chart) that the price reached the lower blue line of the pitchfork.

Kommentar:

See the new, related QQQ idea. QQQ reached the first lower pitchfork line is is now bullish.