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

Category1 1 Minute

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! 

 

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Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy programming, teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU. I'm currently teaching Go full time, which has been the best job I could ever hope for. I'm also currently attending the App Academy bootcamp which started in January 2023.

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