QQQ breaks above downward trend

QQQ reverses after massive selloff and goes into bullish rebound

  • Thursday Oct 1 saw massive sell off on high volume, signals reversal coming
  • confirmation of reversal came Friday Oct 4 when it broke the trend and held above
  • Gap fill on Friday morning was quickly followed by rally staying above downward trend entire day.


Made an entry at 484 expecting more buying to come

gapfillreversalSupport and ResistanceTrend LinesvolumespikeVolume

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