Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with SP500 technical analysis, stock analysis and more. Read our technical analysis blog to learn more.

April 21st, 2020: QQQ 60-min Chart

Posted by pugsma on April 21, 2020

QQQ has been the strongest of the indices since the C2 bottom on March 23rd.   It’s formed a nice up channel and today’s 203.63 low fits nicely as a minor 4 of major [1] wave (alternate blue count).   IF the alternate (blue) count is going to play out across all indices, look for QQQ to break above 216.17 first and confirm it.

QQQ 60-min chart:

QQQ Technical Analysis

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: