1. The price of QQQ looks wildly similar to the SPY. Price tested the SMA (20) in the middle of the megaphone channel perfectly on Friday. The other two times this happened, the price eventually broke to the upside to test the trendline above or just below it but then reversed hard to the downside after. 2. The Vortex indicator VI- is converging towards the VI+ which has shown about two more bullish days after the cross before a reversal. 3. The MACD continued to have a bullish crossover with the bearish kiss on Thursday a bear fakeout. 4. The Williams %R is breaking out through the resistance Trendline above with more upside left into overbought territory.
So what can this software do that Tradestation,Multicharts,CQG, can't do? Your Vortex indicator is a renamed DMI indicator.
We automate the process of drawing Trendlines, Fib Levels, Finding Candlestick Patterns, Dynamic alerts on Trendlines and indicators, and are working on creating conditional alerts for users to make complex buy and sell signals. The Vortex Indicator is generic across most charting platforms, we didn't invent that. There are also indicators similar to it such as the Aroon Indicator.
%% Bearish case;,QQQ is below 50 dma+ 200dma. Bullish case,QQQ 20dma =buy+ first+ last quarter usually good uptrend. And since 2018 was negative, due for a good uptrend, fist quarter, good buy volume. Most likely clear 50dma , 1st quarter-NOT a prediction .YTD= 3.23% + dividends