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Invesco QQQ Trust, Series 1
Long

QQQ Established Ascending Channel Continuation

59
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.
AwesomeAvani
indexTechnical IndicatorsNQQQQSPDR S&P 500 ETF (SPY) trendTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
indexTechnical IndicatorsNQQQQSPDR S&P 500 ETF (SPY) trendTrend Analysis
AwesomeAvani

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.