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QQQ Established Ascending Channel Continuation
Invesco QQQ Trust, Series 1
Long
QQQ Established Ascending Channel Continuation
By AwesomeAvani
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Aug 11, 2022
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Aug 11, 2022
QQQ
On a 2H Chart QQQ started in an ascending channel on July 27th.
The chart shows:
Price rising and above the EMA9
Price tested the bottom of the channel and was rejected.
Relative Strength rose above the running mean
Relative Volume rose above the running mean.
All in all, the chart suggests trend continuation.
index
Technical Indicators
NQ
QQQ
SPDR S&P 500 ETF (SPY)
trend
Trend Analysis
AwesomeAvani
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