Invesco QQQ Trust, Series 1Viés de alta
QQQ reversal for short term bounce.
Downward channel breakout into close on QQQ (orange channel).
Short term double bottom looking for confirmation tomorrow.
Potential H&S pattern formation on VIX (indicating the anticipated bullish counter trend).
I see a high probability for an ABC type lightning bolt move to the upside ($335 level) before a bearish trend reversal.
The next bearish reversal and leg down should let us to set in a true bottom (3,950ish level on S&P) before the next bull rally.
I believe we are simply in a sequence within the topping process. Post bull rally at the end of 2022 / Q1 2023 (my assumption), the bull rally will end and we will get the "real crash."
Short term double bottom looking for confirmation tomorrow.
Potential H&S pattern formation on VIX (indicating the anticipated bullish counter trend).
I see a high probability for an ABC type lightning bolt move to the upside ($335 level) before a bearish trend reversal.
The next bearish reversal and leg down should let us to set in a true bottom (3,950ish level on S&P) before the next bull rally.
I believe we are simply in a sequence within the topping process. Post bull rally at the end of 2022 / Q1 2023 (my assumption), the bull rally will end and we will get the "real crash."
Aviso legal
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