Hi Grant. QQQ looks like you’ll have divergence very soon. Potential downside coming. Just an observation.
Also, a 6th dot point would be handy. A wrap up point that summarizes your thoughts on price action movement given your 5 previous dot points. Eg. Becauof the above, I’m expecting more upside movement to resistance then looking for a breakout signal. Or something similar.
Thank you Matt! I would have to agree that it looks like a divergence is beginning in the Q's it has been ripping since the March lows... might need a breath!
I think your idea about a summary of my thoughts to round out each chart is a great idea! will add that in next week! thank you again!
Regarding weekly dot point.
Hi Grant. QQQ looks like you’ll have divergence very soon. Potential downside coming. Just an observation.
Also, a 6th dot point would be handy. A wrap up point that summarizes your thoughts on price action movement given your 5 previous dot points. Eg. Becauof the above, I’m expecting more upside movement to resistance then looking for a breakout signal. Or something similar.
Either way, like what you’re doing.
Cheers
Matt
Thank you Matt! I would have to agree that it looks like a divergence is beginning in the Q's it has been ripping since the March lows... might need a breath!
I think your idea about a summary of my thoughts to round out each chart is a great idea! will add that in next week! thank you again!
Grant