On the weekly chart our last higher low is $169.17. We would have to see a bear break of that level for the bulls to lose control of the weekly timeframe.
QQQ Daily Chart:
QQQ Weekly Chart:
QQQ (Nasdaq 100) Technical Analysis
QQQ on the daily time has bounced from the low of consolidation at $174.27 and closed above the middle bollinger band. The bulls have formed a higher low and higher high on the 4 hour time frame and now the bulls would like to se a higher low formed somewhere above $174.27 to reverse the daily downtrend.
On the weekly chart our last higher low is $169.17. We would have to see a bear break of that level for the bulls to lose control of the weekly timeframe.
QQQ Daily Chart:
QQQ Weekly Chart:
On the weekly chart our last higher low is $169.17. We would have to see a bear break of that level for the bulls to lose control of the weekly timeframe.
QQQ Daily Chart:
QQQ Weekly Chart: