So many reasons that the QQQs need a bit of a pull back!
5 consecutive green days/ 6 out of 7 green days where red day was not that significant!
Still below the 200 day
Connors RSI 2 is at its limits!
Feels like the over weighted stocks in the index are playing musical chairs and not in sync.. Something I watch - MSFT,APPL,AMZN,GOOGL,META,NFLX,TSLA
Volume Volume Volume
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Can it keep going?
Weekly chart still looks ok
Is not all that extended from day and some other metrics I use!
Above 50 Day!
But needs VOLUME!!!!
5 consecutive green days/ 6 out of 7 green days where red day was not that significant!
Still below the 200 day
Connors RSI 2 is at its limits!
Feels like the over weighted stocks in the index are playing musical chairs and not in sync.. Something I watch - MSFT,APPL,AMZN,GOOGL,META,NFLX,TSLA
Volume Volume Volume
----
Can it keep going?
Weekly chart still looks ok
Is not all that extended from day and some other metrics I use!
Above 50 Day!
But needs VOLUME!!!!