2/10/2020 Stocks continue higher for this week yet again. I suspect we will go even higher since we broke out of the range I was speaking about last week.

Hi everyone. I didn’t get to blog yesterday and I suspect that posts will have to be on Monday now since the weekends are very packed for me this semester. Sorry again that I missed the post yesterday. 

Let’s look at the daily chart of QQQ below. Last week I spoke about the range from roughly 217 to 227, and I suspected that if we broke above that range, we would continue much higher, and vice versa if we broke below the 217 level. We broke above that range last week, and went up quite a lot today as well (Monday). There aren’t any signs that this upward move will end anytime soon. 

QQQ Daily 2_10_2020

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