QQQ range bound

8 thg 10

QQQ hovering around the resistance of the core channel from 2010. Found support on the center of the black channel that is based on the COVID bubble. Price seems to generally range bound in this area between trendlines. Looks like more sideways without something big to push it one way or the other. Overall, it seems like tech has run out of FOMO. That does not mean we don't keep moving sideways and slowly up, but it does feel like any big moves to the upside are less likely.

9 thg 10

Ghi chú

10 thg 10

Ghi chú

11 thg 10

Ghi chú

14 thg 10

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No news is good news as QQQ grinds higher.

15 thg 10

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Rejected

17 thg 10

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Grind away like Feb-April

18 thg 10

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End of week.

21 thg 10

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same old, same old

29 thg 10

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20 days and counting. Don't expect anything to change until after the election.

31 thg 10

Ghi chú

I am still updating this month-old idea because it is still holding true. Today was just another test, but this time of the black center channel instead of the blue channel.

1 thg 11

Ghi chú

grinding along waiting for the election.