4-hour channel lines seem to be getting respect by the NQ trading crowd on an intraday basis (with 12,997.50 representing the lower edge of that channel) while the lower edge of the daily downtrend channel comes in lower (at 12,300 - 12,400).
Tickers: QQQ SQQQ QLD QID TQQQ
Join 15,979 awesome people who get the latest free content from Peak Analytics' Direction First Newsletter in their inbox.
You'll start receiving free content from Peak Analytics' Direction First Newsletter right away!