$QQQ TOP 20
Added 2024-04-10 14:36:40 +0000 UTCThis is what we have been talking about for the last couple of weeks
Not holding above the $444 1 Fib at Wave 5 and coming down to test the 50 Day MA.
It also aligns with what we have been talking about on the $SQQQ chart which was again uploaded today.
Price is testing the 50 Day MA today and still it is not lost just yet, so we'll watch this closely.
The yellow channel and Fib level has been lost so there is weakness present, the 50 Day lost will be a significant change to the trend, especially if it is retested from below and rejects trying to recapture it.
Lets strictly keep to what the chart is showing and keep our emotions and opinions in check to stay focused.
Comments
Is it possible to short it?
nologyy
2024-04-12 10:02:14 +0000 UTCRe a hedging vehicle rather than SQQQ use QID 2x imo - less slippage
TommyJR
2024-04-10 23:04:00 +0000 UTCGar check this 2019 repeat potential setup - not a given but its interesting - was Trade War talk last time https://x.com/tempo_cap/status/1778191672108872139 Cup and Handle in - large ramp and then a quick correction
TommyJR
2024-04-10 23:03:08 +0000 UTC
