My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 488.06 pivot level.
Bias – Bearish
My Stop Loss – 499.48
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target – 464.95
About Used Indicators:
The average true range (ATR) plays an important role in ‘Supertrend’ as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation’s Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK