tusheet

Pattern of higher lows need to hold

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Yesterday's $AAPL warning put a dent on the rally and QQQs swiftly moved back from the $296 resistance area. Now the pattern of higher lows needs to sustain for the index to prove the bottom is in for a while so will look if $280 holds or not. A breakout above yesterday's pivot of $296 will be keenly watched for further bullish signal with NFLX, TSLA and SNAP among major earnings to determine the trend

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