QQQ
looks to be putting in a top here. If it holds, I think we have a long way down to go. I think we'll surpass last years lows and end up somewhere around the $200 range (where the green supports are).
Let's see how it plays out over the next 6 months to a year.
Comment:
Note: There is the possibility of one more fake out move higher to $376, but if it can't close above that level, then top is in.
Comment:
Got a push higher, only to $374 so far. I took puts between $373-374
Comment:
Alright $376 finally tagged. Added to my short. Let's see if we get the reversal now.
Comment:
Thinking here's where we start the reversal into next week.