Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Monday, December 11, 2017

QQQ Determined To Mirror NASDAQ


The QQQ normally leads the NASDAQ but after the FAANG stocks took a beating recently, the QQQ is hustling to get perched on the topside of its five year green channel.




Click on image to enlarge



Considering the highly choreographed market activity this year, it's reasonable to believe that the QQQ will also get itself perched on top of its green channel.


Trade well my friends

Alan

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