🔔 QQQ (Nasdaq) signaling FALSE bullish signal, significantly more pain in store for investors 🔔
Investors are in for a world of pain in the weeks and months ahead, as we get false technical breakout signals. Technical indicators are what algorithmic traders set up their automatic bearish and bullish indicators on (this may be smart money short term, but much of the algorithmic trading is dumb money long term). Any market moves higher will hit resistance, and will set up a further fall as we go through the spring and summer months. Look out below!