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

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

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