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HandsomeSloth

At low of 14 year trend - Buy or Trend Bust?

Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
HandsomeSloth  
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
Tons of touches on both upper and bottom side of channel (see chart). Resistance became support for last 2 years (e.g. the bubble), but we've broken it and are now touching support.

If we break bearish here and the 14-year trend fails, it will truly signal the end of the era of mega-cap tech leadership (AAPL, MSFT, FB, GOOG, AMZN, NFLX).

What do you think will happen?
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.