QQQ Update Daily TF Sept 13

59
Things to note:
- 21 SMA still curled down looking for bearish cross below 50 over next few days/early next week
- Gapped down @ open & below BF channel
- now has overhead resistance of 100SMA, BF channel & 50
- Price struggling to get back above 9SMA
- Bear target #1 Gap @ $286.69
- Bear target #2 Gap @ $275
- Bear target #3 re-test June low

All targets are assuming that we are headed down, which of course is an assumption.
Always manage risk, always DYOR.
Refer to my thoughts on todays CPI & how the FED could react for better understanding of how further downside could be possible.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.