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Invesco QQQ Trust, Series 1
Short
Jul 24, 2024
$QQQ to bottom sub $250?
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QQQ had an impressive run, however, that run is now over and it's time to look at shorting this thing back into the ground.
As you can see, momentum has already flipped negative w/ the first red weekly heikin ashi candle.
I expect a sharp pullback here into the election and I think we'll bottom under the $250 sometime before the end of the year.
Let's see how it plays out.
benjihyam
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benjihyam
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