Invesco QQQ Trust Series I
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QQQ showing bearish trend reversal

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QQQ is showing weakness in the rally and showing a bearish trend reversal

  • 3 clear points show a downward trend forming
  • EMA holds distance firmly below SMA
  • Multiple hammer candles are rejected in todays trading causing more selling


QQQ looks to have finished its 2 week long rally and looking to reverse course downward

Potentially buying a put position tomorrow anticipating more selling to come.

Aviso legal

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