marketfellow

Watch out 200 DMA line (QQQ)

Short
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Long term trend 200 day-moving-average line is very critical to watch as QQQ approaches this line closer.
About 75% of Nasdaq stocks were already falling below their 200 DMA line. If Nasdaq100 or QQQ also breaks this line, the bear market arrives with full confirmation before Nasdaq enters its -20% level.
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