QQQ Cup & Handle
Looking at the Monthly time frame on 
QQQ , seems like we are looking to form a Cup and Handle, a bunch of earnings and news this week coming, but I believe on tech we can see a push down especially looking at NNQ Daily or Weekly time frame as well (Posting Weekly) . Inverted hammer. On QQQ i added a trend based fib. ext. to see some levels. If NNQ decides to pull back I definently see QQQ heading abck to the 38.2% range.
Please let me know your ideas and comments if you have any.
QQQ , seems like we are looking to form a Cup and Handle, a bunch of earnings and news this week coming, but I believe on tech we can see a push down especially looking at NNQ Daily or Weekly time frame as well (Posting Weekly) . Inverted hammer. On QQQ i added a trend based fib. ext. to see some levels. If NNQ decides to pull back I definently see QQQ heading abck to the 38.2% range. Please let me know your ideas and comments if you have any.
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