Looking at the Monthly time frame on
QQQ
, seems like we are looking to form a Cup and Handle, a bunch of earnings and news this week coming, but I believe on tech we can see a push down especially looking at $NQ Daily or Weekly time frame as well (Posting Weekly) . Inverted hammer. On
QQQ
i added a trend based fib. ext. to see some levels. If $NQ decides to pull back I definently see
QQQ
heading abck to the 38.2% range.
Please let me know your ideas and comments if you have any.
QQQ
, seems like we are looking to form a Cup and Handle, a bunch of earnings and news this week coming, but I believe on tech we can see a push down especially looking at $NQ Daily or Weekly time frame as well (Posting Weekly) . Inverted hammer. On
QQQ
i added a trend based fib. ext. to see some levels. If $NQ decides to pull back I definently see
QQQ
heading abck to the 38.2% range. Please let me know your ideas and comments if you have any.