Invesco QQQ Trust, Series 1Pembelian
Two weeks of bullish momentum ahead?
I entered a long position in the QQQ ETF a few days ago after the price pulled back to the previous high. It was a slightly premature entry, as the price continued to pull back to the 50% retracement level of the last bullish move. 😉
The overall chart looks a bit exhausted from the bullish run following the August low, but I still expect the NASDAQ to rise until the US election. Statistically, since the 1950s, there has been over an 80% chance that the stock index rises before the election.
Additionally, we're supported by the SMAs, and there’s still some room left until the ATH is reached.
Good trades, folks!
QQQ ETF a few days ago after the price pulled back to the previous high. It was a slightly premature entry, as the price continued to pull back to the 50% retracement level of the last bullish move. 😉The overall chart looks a bit exhausted from the bullish run following the August low, but I still expect the NASDAQ to rise until the US election. Statistically, since the 1950s, there has been over an 80% chance that the stock index rises before the election.
Additionally, we're supported by the SMAs, and there’s still some room left until the ATH is reached.
Good trades, folks!
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.