QQQ update Trendline fail (Double top)
Lost trendline support Premarket. This is bad , and I think this will kick off a double top unless we can reclaim that trendline.
Next support level is 379.52 , I don't think that will hold looking at some of the bigger names in tech. Amazon has lost its 200sma, Tesla has lost its supporting trendline, FB is below its 50sma etc....
Should we lose 379.52 , This double too should take us back to 350
Next support level is 379.52 , I don't think that will hold looking at some of the bigger names in tech. Amazon has lost its 200sma, Tesla has lost its supporting trendline, FB is below its 50sma etc....
Should we lose 379.52 , This double too should take us back to 350
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