Get started
ChrisPtaco_32

QQQ - Can the Tech Sector continue to rally

Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
ChrisPtaco_32  
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Trend Analysis Harmonic Patterns Chart Patterns
1
0
trendanalysis harmonicpatterns chartpattern
There is still no sell signal on the QQQ. We are coming up to the 1.618 retracement level and most of the large cap tech stocks that have led to this rally are overextended. RSI Divergence and waning momentum is telling me we may start to see a breakdown soon. Next week will be an important week to see what happens.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.