Traders, listen up: 🚨
$QQQ is attempting to form 2HR-4HR bullish divergences on momentum and strength indicators while trading near the multi-month range lows and the daily 100 EMA.
The $686–$681 zone is the key support range you'll want to see hold as these divergences develop. Maybe even get a taco or two while you watch, if you know what I mean. 😉
2 PM Radar Update: Showers and storms are making their way from south to north across North Texas including parts of the metroplex. There is no severe weather currently but some of these storms are producing pockets of heavy rainfall and frequent lightning. #txwx
Bitcoin is wiping out short positions as it continues the early spring rally, a strong counter trend move.
But is this just a bounce, or could something bigger be brewing? Could we be witnessing a shift in the market's narrative?
I've broken down exactly what to watch for in the video below. Don't miss the key signals that might change your outlook.
Stay sharp, watch the analysis and stay ahead of the game
Scattered storms this afternoon with higher rain coverage Saturday morning. Strong storms could produce up to quarter size hail and 50+ mph wind gusts. Heavy rain at times could lead to areas of minor flooding. Temps drop through the day Saturday and Sunday looks drier.
@benjamincowen Do you think eth will only move another $100-150 in the next 2 weeks? Great chance it breaks through ATH today… what happens to rest of this 2 week period you have earmarked?
@benjamincowen And you think it’ll fail at breaking previous ATH first go around? And that that could in fact be the drop that takes alt pairs to range lows?
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