MAJOR confluence on QQQ in the 270~ zone. NO BOTTOM YET
QQQ still looks bloody, and bear flags are coming in on lower timeframes. I don't see a sustainable bottom until:
1. We hit the 268~ area
2. We see a BIG spike in Volatility. IV30 and VIX are still very low considering the size of this correction.
1. We hit the 268~ area
2. We see a BIG spike in Volatility. IV30 and VIX are still very low considering the size of this correction.
White Lake Investment
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White Lake Investment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.