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We saw how the QQQ broke below support and started a waterfall drop. Today as it reaches support, let us see if it can stage a rebound up. Pre market, the QQQ is going back above the 5 min into white zone. Oil is still in a nice 60 min uptrend and especially the oil & gas exploration and production etf is also in a nice 60 min uptrend.
Let us look at the charts below. I might update as the day progresses so do press the refresh button now and then.
Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com
Charts with the investing.com logo are courtesy of Investing.com powered by Trading View
Jan 04, 21 11:30 AM
In this week's chart lessons, we will have a look at bitcoin and other charts.
Dec 29, 20 07:47 AM
We should continue to be bullish on the S&P 500 as a weekly bottoming tail forms in this uptrend.
Dec 22, 20 09:27 AM
The SPX is still in a nice bullish uptrend, with it staying above the rising 20 MA and 50 MA.
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