October 22, 2017

QQQ Resistance Line, Negative Divergence and More



  • QQQ Daily chart shows price nearing crucial resistance line.
  • Weekly Chart shows a potential Bearish Doji. This one needs confirmation though. Price should open lower and close lower and it should not Move above the Current Doji for the candle to be most effective. 
  • Weekly chart also shows Big negative Divergence. But it also shows MACD Lines close to a bullish crossover which could be a Fake setup as well. 
  • ES ANALYSIS AFTER CLOSING BELL
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