QQQ Decade-Long Trend Broken

18 ביולי 2022

The Nasdaq 100 has closed under the blue gator (SMMA) for the first time in over a decade. This means we're likely to see several months of downtrend following until the AO has had a zeroline cross and possibly a hidden divergence with the '08 lows. Minimum price target is around the "covid lows" with wave-e ending around June of next year.