It's a very interesting level to watch, QQQ/SPY
This is QQQ/SPY chart, currently sitting at 50% fib level and neckline for the previous double top.
Possibility A: QQQ/SPY breaks through the resistance, QQQ will keep outperforming SPY (If QQQ declines less than SPY, it will still print a positive gain on this Chart)
Possibility B: QQQ/SPY pulls back from the neckline and fib level, QQQ will lose its advantage against SPY.
Just a very interesting Chart I want to share.
Possibility A: QQQ/SPY breaks through the resistance, QQQ will keep outperforming SPY (If QQQ declines less than SPY, it will still print a positive gain on this Chart)
Possibility B: QQQ/SPY pulls back from the neckline and fib level, QQQ will lose its advantage against SPY.
Just a very interesting Chart I want to share.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.