a $QQQ break under the 2021 high would be pretty bearish given the channel up here… pic.twitter.com/izuiY84dEf — Jamie Saettele, CMT (@JamieSaettele) January 31, 2024 🏆 Today’s Chart of the Day was shared by Jamie Saettele (@JamieSaettele) The Nasdaq 100 ($QQQ) dropped -1.96% today, marking its worst day since the Oct. 26th low. On a […]
Chart of the Day – Monday, October 30, 2023
After slaughtering R2K troops, traders recently began shooting NDX generals. Whether NDX can reverse last week’s minor breakdown is a key question, in my view. pic.twitter.com/yIGVmPCbZe — Mark Ungewitter (@mark_ungewitter) October 30, 2023 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). One of the more bearish aspects of last week’s price action […]
Chart of the Day – Wednesday, October 4, 2023
When reversal patterns fail, it's because they were actually continuation patterns #funfact $QQQ $XLK pic.twitter.com/ncLgYlkjDh — Steven Strazza (@sstrazza) October 4, 2023 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). The Nasdaq 100 ($QQQ) is attempting to invalidate the Head & Shoulders top that formed over the Summer. Bears will be trapped […]
Chart of the Day – Wednesday, August 30, 2023
The last time the Nasdaq was trading around these levels (grey), the Fear & Greed Index was in a position of "Greed" or "Extreme Greed". Today, the F&G Index is "Neutral". This is why I kept saying a consolidation was healthy & normal. The market has reset. Rejoice. pic.twitter.com/hN2JXXV3SM — Caleb Franzen (@CalebFranzen) August 30, […]
Chart of the Day – Thursday, August 10, 2023
$NDX – The real fight is about to begin. Bulls need to get off the canvas (short term). pic.twitter.com/orL4OJrqYH — Larry Thompson (@HostileCharts) August 10, 2023 Today’s Chart of the Day was shared by Larry Thompson (@HostileCharts). Larry points out that the Nasdaq 100 ($NDX) is testing a confluence of potential support, around 15,000. This […]
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