QQQ chop sideways?
The QQQ and NASDAQ have fallen after a Head & Shoulders pattern.
Market is volatile and I am unsure if we are out of the woods, stimulus news on the 14th works as a catalyst for value stocks and may hurt tech stocks further.
We are making lower lows. Only disagreement is between RSI and Price.
This pattern is a bullish divergence where we see price making lower lows and lower highs while RSI is making higher lows and higher highs.
Market is volatile and I am unsure if we are out of the woods, stimulus news on the 14th works as a catalyst for value stocks and may hurt tech stocks further.
We are making lower lows. Only disagreement is between RSI and Price.
This pattern is a bullish divergence where we see price making lower lows and lower highs while RSI is making higher lows and higher highs.
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