6/3/2019 Selling accelerates, and futures down for Monday open. Looking like more downside.

Welcome back. Let’s look at the weekly chart of QQQ.

QQQ Weekly 6_3_2019.JPG

There’s not much new to add, but it looks like this could be the start of a larger move downwards. This is a good level to start looking for a time to buy since we could bounce. My guess is this is a larger correction downwards, so I personally won’t be buying any here. 

See you next week! 



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 )

Facebook photo

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

Connecting to %s