NASDAQ 60-min Buy Setup ($QQQQ)
Similar picture across the indices but there is a nice convergence of 'buy' signals which could support a rally for a few days.
![](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_t6uSG2YbKfhENjvkSYTpbKne6VWuPVMsjnngTopBhm8RE9dH8VifdkUA8dxiloEM85oouIp9j1tIg50jMU1im6OsgR7T_vLeu9GIhTtX8aXcnuGLpOL7D5ivz0_pk7m266dzTp=s0-d)
[1] A downward channel which should break
[2] A positive divergence in Rate-of-Change
[3] A pending 'buy' trigger in the MACD
[4] A 'rounding bottom' in Stochastics.
The early July breakdown gap is looking like a nice upside target.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, stock charts, watchlist, multi-currency portfolio manager and strategy builder website. Forex data available too.
[1] A downward channel which should break
[2] A positive divergence in Rate-of-Change
[3] A pending 'buy' trigger in the MACD
[4] A 'rounding bottom' in Stochastics.
The early July breakdown gap is looking like a nice upside target.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, stock charts, watchlist, multi-currency portfolio manager and strategy builder website. Forex data available too.