Oct. 6 at 2:35 AM
$QTOP: 30 top
$QQQ stocks ETF. There are several rising wedges around, but this one stands out to me, particularly because the lower trendline has been touched by the price four times. On Friday, the pullback rebounded from the 10-day simple moving average (SMA). The bears are currently in a strong position. I’m curious to see what happens next week if the price drops to the 20-day SMA.