Two Sentence Traders

QQQ's do-or-die level: 21w ema and the trendline

By rummy ·

$QQQ is sitting right on the 21-week ema and its trendline, this is the spot. Hold it and we may already have the bottom in. Lose it and the next stop looks like the 200-day ema, roughly 4-5% lower. Watching this line before adding any exposure back.

chart


Aggregated and distilled by Two Sentence Traders. Not financial advice.