Key remount of the QQQ. We are over the 9ema and 20sma now and testing a huge supply zone that we need to eat thorugh. This ownt be easy as this 470 level is a huge supply but this can be the start of something. A couple days of chop here while we grind under the supply zone could set us up for higher prices. They key is to see how we react into this zone as the first test into that 470 we might get rejected in absence of news but we need the see the nature and structure of that pullback. We are by no way means out of the bear market this is a traders market but there are some green shoots. The market is shrugging off bad news and the trump team is trying to keep this market afloat by anymeans!
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
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🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
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📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
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.