A Triple Bottom Breakdown for QQQ on 30min PnF Chart

The Nasdaq 100 ETF (QQQ) broke below the prior two O-Columns to forge a triple bottom breakdown on the 30min PnF chart. This bearish signal suggests that the ETF is going lower with a downside price objective around 52.90. This can be see at the top of the chart. You can read more on PnF signals in our ChartSchool articles.

111219qqqpnf


Click this image for a live chart.

 Previous Article Next Article