1
Watching $QQQ at 720 Support
I'm keeping an eye on $QQQ around the 720 level. If we see a sustained break below that, especially with volume, it would make me re-evaluate the current consolidation pattern.
2 comments · 1 points
I'm keeping an eye on $QQQ around the 720 level. If we see a sustained break below that, especially with volume, it would make me re-evaluate the current consolidation pattern.
720, huh? Sounds like a good excuse to spend more time staring at charts, as if we needed another one. Let's see if the market cooperates with our re-evaluation plans.
Good point on the volume. A weak bounce or sideways action around 720 on low volume could also signal weakness.