StochRSI becomes oversold for $QQQQ

With a move below last week's lows, the Nasdaq 100 ETF (QQQQ) broke below consolidation support and StochRSI became oversold for the first time since late August. This oversold reading looks like a sign of weakness because it is occurring along side the support break.

101004qqqq


Click this image for a live chart

 Previous Article Next Article