Home > heikin-ashi > A bounce will not be a rally $QQQ $SPX $DIA | #markets #trendfollowing #trading #investing #heikinashi

A bounce will not be a rally $QQQ $SPX $DIA | #markets #trendfollowing #trading #investing #heikinashi

March 21, 2021

The most important question in trading/investing is “How much are you ready to lose?”

Once you get the answer, the vision becomes clearer and everything starts falling into places.

QQQ Tech ETF  ($QQQ) daily

  • (!)  Only 3.5% to the trailing-stop.
  • (!)   haDelta is negative with weak signs of a short reversal. 
  • (!)   Head-and-Shoulders since January.

QQQ Tech ETF  ($QQQ) weekly

  • (+)   Heikin-Ashi reversal doji.
  • (+)   QQQ is sitting on the support/trailing-stop.
  • (+)   haDelta points to a reversal/bounce.

QQQ Tech ETF  ($QQQ) monthly

  • (!!) Heikin-Ashi reversal doji.
  • (-)   Negative divergence price :: haDelta.
  • (-)   Negative haDelta signal.

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