Daily $QQQ Market Breakdown, Potential Bull flags in Tech Sector
- SPY and QQQ have been very choppy due to sectors rotating around may potentially continue unless we start seeing XLF forming daily uptrends and joining team bull.
- Or we see XLF / KRE go sideways and QQQ and SOXX/ SMH join team Bear.
As of now there are zero red flags for QQQ and SMH daily time frame so i am slightly more bullish in my intra-day scalp trades. Wont be holding anything overnight until we get a clear direction in the market i am open to both bearish or bullish trades just want a clear direction.
- Or we see XLF / KRE go sideways and QQQ and SOXX/ SMH join team Bear.
As of now there are zero red flags for QQQ and SMH daily time frame so i am slightly more bullish in my intra-day scalp trades. Wont be holding anything overnight until we get a clear direction in the market i am open to both bearish or bullish trades just want a clear direction.
