8/4/2019 Markets pull back on trade war threats – looks like the start of a larger pullback.

Category1 1 Minute

QQQ hits my short term pullback level of 187. Everything is lining up for a further drop in the next few weeks. Below is the weekly chart. 

QQQ Weekly 8_4_2019.JPG

The next support level to watch out for is between 170 – 175 (10% lower). See you next week!

Advertisement

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.

Published

Leave a Reply

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

Gravatar
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 )

Cancel

Connecting to %s