Invesco QQQ Trust, Series 1Viés de baixa
$QQQ Have we reached the climax of counter-trend rally?
Nasdaq-weight QQQ has bounced nearly 23% from its bottom back in mid-June, and we are at a critical resistance with the multi-month trendline and the resistance area indicated in the red box. I see a retracement in the near future back to the confluence support of 20/50EMA, possibly retesting the mid-June low.
Summary:
- Short-term bear bias
- Trend line resistance
- weekly EMA resistance
- bearish RSI divergence
- Price resistance to previous low
I am personally reducing tech exposures and hedging with SQQQ, and increasing cash size to re-enter with a lower price.
Summary:
- Short-term bear bias
- Trend line resistance
- weekly EMA resistance
- bearish RSI divergence
- Price resistance to previous low
I am personally reducing tech exposures and hedging with SQQQ, and increasing cash size to re-enter with a lower price.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.