The TQQQ rebounded from old support low of 44.47! It is now fighting for support at bottom end of the weekly cloud! We need to see a rebound at this level! If the TQQQ trades below the cloud that will be bearish.
The daily chart is already below the cloud, and the outlook is bearish. Support levels being tested are 44 to 47!
I am looking for a rebound at the 44/47 support zone into the year end!
No comments:
Post a Comment