5/26/2019 Bears still in control, and stocks still look like they want to drop more in the coming weeks.

Welcome back.

QQQ weekly 5_26_2019.JPG

I think that QQQ will move into the high 160s or low 170s before any significant recovery. However, I wouldn’t be surprised if we bounced back into the 183-187 range first. If we do bounce back up to the mid 180s, this would offer a good short opportunity.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s