Back to the Channel

2022年2月23日

It looks the QQQ is going back into the channel soon. Don't be surprised if it goes to the bottom of the channel at around 250-270.

2022年2月24日

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Looking at the futures, the QQQ is likely to break the top trendline and gets back to the channel sooner than I thought.

2022年2月24日

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The QQQ forms a lower low today at around 318. Expect a lower high again in upcoming days.

2022年3月6日

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Feels like there is one nasty dump of the QQQ coming in the future. Be prepared.

2022年3月12日

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Weekly close below the top of the channel line. The dropping could continue into the next few weeks.

2022年5月10日

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On the way down to the bottom of the channel as of May 9, 2022.

2022年10月11日

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Got there after a huge drop since Mid-August. Not a surprise.