Stock Market Technical Indicators & Analysis
Huge volume on Thursday. Let’s see if GS can close above its green line top at 426.16 from 11/2021 to an ATH. See daily and monthly charts. Note all of the green and black dots designating oversold bounces. See my blog webinar tab for my recent presentation about dots.
Green dot is a sign of strength. QQQ held its lower 15.2 Bollinger Band and had a green dot after a black dot. Go to my blog webinar tab and see my recent VA meetup speech to understand the dots. Note QQQ is above its last green line, near all-time highs. I am holding some TQQQ.
As long as the Fed has no surprises tomorrow and the government does not close at the end of the week, QQQ may be out of the woods.
