Technical SHORT opportunity in QQQ:
1. QQQ failed to fill gap from Friday. Very weak upward progression over the last 4 days
2. Thursday’s candle is a “bearish hanging man”
3. The last bearish wave retraced 66% of the prior upward move
4. There have been multiple tests of immediate support level (495-498)
5. QQQ has been weaker than S&P over the past 5 days
Profit target can be placed near the high-volume node at 488
Please note that the long-term trend remains “bullish,” and a short-term downside auction does not indicate an immediate reversal.
1. QQQ failed to fill gap from Friday. Very weak upward progression over the last 4 days
2. Thursday’s candle is a “bearish hanging man”
3. The last bearish wave retraced 66% of the prior upward move
4. There have been multiple tests of immediate support level (495-498)
5. QQQ has been weaker than S&P over the past 5 days
Profit target can be placed near the high-volume node at 488
Please note that the long-term trend remains “bullish,” and a short-term downside auction does not indicate an immediate reversal.
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didn't work out. 
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.