12/8/2019 Stocks drop to begin the week but close unchanged. I still think we retest previous highs.

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Hi everyone. It’s been cold out here in Boston, but I hope you are staying warm! 

Below is the weekly chart of QQQ, and I still think we will retest the 195 level. Notice how the volume is a lot lower than usual. I think this is typical of the holiday season, so perhaps we could drift higher on low volume. 

QQQ Weekly 12_8_2019.JPG

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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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