Stock Chart: Major Breakdown from Nasdaq 100 (QQQ)

Today is a major breakdown day for the Nasdaq index. A picture is worth a thousand words as shown in the featured chart (QQQ). 

Stock Chart: Technology Weak Again

July 15, 2021, 1:03 pm EDT Technology Weak Again Technology stocks, represented by Nasdaq100 (ETF: QQQ), are relatively weak again today with -0.9% drop as of now compared to a flat status in Dow Jone...

Stock Chart Today: Nasdaq Gap Down and Lost 50 Day-Moving-Average Line

May 11, 2021, 10:38 am EDT Nasdaq Gap Down and Lost 50 Day-Moving-Average Line This is the 4th time the Nasdaq or QQQ (Nasdaq100 ETF) lost its 50 DMA. Also, it was the 4th time in a year.  Compared to...

Stock Market Today: Stay Calm At All-Time Highs

April 6, 2021, 2:36 pm EDT Stay Calm At All-Time Highs Stock markets re-enter hyper bullish mode at record highs zone for S&P and Dow Jones. Nasdaq is also getting back to a near-record high. But....

Stock Charts: Goodbye to Support Lines

March 25, 2021, 10:59 am EDT Goodbye to Support Lines It is time to say goodbye to support lines. Technically, support lines represent a key level of defense defined by certain time frames. In the giv...

Stock Charts: Low Volume Rebound (QQQ)

March 11, 2021, 9:43 pm EST Low Volume Rebound  All indexes scored positive today with Nasdaq the largest +2.5% gains as a rebound. However, the volume was much weaker than the drop as shown.  The pri...

Market News: Bull-Bear Transition Year 2000

March 10, 2021, 2:08 pm EST Bull-Bear Transition Year 2000 Nobody knows the future but everyone knows the history. If history can teach us some lessons, then it is important that we learn from it. Fur...

Market News: Nasdaq in Trouble? 

March 6, 2021, 8:41 pm EST Nasdaq in Trouble?  Nasdaq made a top or historical high on 02/16 14200 vs 03/05 intra-day low 12400. It was a near -13% drop in a couple of weeks. Tesla (TSLA) made a -40% ...

QQQ chart pattern

Stock Charts: Classic Bearish Pattern, Breakdown, Sell-off, and Downtrend (QQQ)

Nasdaq or Nasdaq100 enjoyed much fun during the past 12 months since March 2020.

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