QQQ volume since 6/9

Discussion in 'ETFs' started by dozu888, Jul 1, 2017.

  1. dozu888


    How do you interpret the big trading volumes since 6/9? these volumes are comparable to August 2015 and January 2016.

    Yet all the other major ETFs haven't had volume increases - DIA, SPY, IWM etc, their volumes since 6/9 have been similar to previous weeks.
    murray t turtle likes this.
  2. comagnum


    Profit taking & rotation out of the NDX100 into the other indexes. The NDX had outpaced the other indexes by a very wide margin in 2017.
    murray t turtle likes this.
  3. %%
    Good question D888; not much volume= compared to QQQ price/volume trend of $20-40. But could be the start of a good bear trend+ if it is, OCT tends to bear killer?????[Personal opinion , I think much of that old QQQ volume went into SPY.] This year its[QQQ] large vol +price below 50 dma last close....... NOT a prediction; its above 200 dma