QQQ (Nasdaq 100 ETF) is currently trading at the top of its 7-month+ trading range (resistance) with the potential to put in a triple-top, should it reverse on or around current levels. The Q’s have negative divergence between QQQ & the PPO on this 60-minute chart, while at my 80 “extreme” overbought reading on the RSI, last seen at the key Oct 28th top. Sell signals to come on a break and/or 60-minute closes below these uptrend lines near-term uptrend line.
QQQ 60m April 16th