$QQQ target for 🎯$420 🌿 💨 ?

Tiger_Chart
2024-04-22

After a 10% decline in $NASDAQ(.IXIC)$ and 5% in $S&P 500(.SPX)$ , the market will?

Vote please.

Let’s keep this one simple; we have a quick 10% decline that’s nothing to sneeze at, also I thrown a piece of data I shared from another chart which is 75% of Nasdaq stocks are above their respective 50MA’s wish coincides generally with washout signals. MACD is at a former area of support.

This decline terminated right at the previous S/R flip area (support/resistance), and stock market 101 is former resistance being turned to support- the Q’s have a chance do that technical support off of that TA level by using fundamentals from earnings to turn that into said support to launch from.

One other additive I threw in is a mixed indicator that has some Williams percentage math which sometimes is good at seeing inversely the the buying of what’s being sold.

Often people say, look at all that selling…to that is always a good question…whose buying all that selling.

@Banana3Stocks

After a 10% decline in Nasdaq and 5% in S&P, the market will?(Maximum1 votes)
  • Bounce, but futher down(0 votes)
  • More down right away(0 votes)
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