InvestorsHub Logo
Followers 84
Posts 9226
Boards Moderated 4
Alias Born 09/07/2007

Re: rimshot post# 262

Wednesday, 08/12/2020 11:19:41 PM

Wednesday, August 12, 2020 11:19:41 PM

Post# of 274
"A remarkable advance for QQQ. 14-day RSI has been above 50 for 88 days. This is the fourth time in the last 20 years that the streak exceeded 80.
It does not signal the end of the bull run, but does increase the odds for a correction of some sort."
August 11
Arthur Hill, CMT
@ArthurHill
======================

QQQ weekly with the QQQ to SPY weekly closes ratio, which shows QQQ under performing the SPY price action since the end of June 2020 -

http://stockcharts.com/c-sc/sc?s=QQQ&p=W&yr=2&mn=0&dy=0&i=p79315492024&a=497786355&r=1597288657608

* time is our most under appreciated & valuable asset, lest we squander it *

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.