BBTrader29

QQQ False Breakout

Short
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ rallied today then completely gave back all its gains and even went into the red before closing neutral on the day. This left a false breakout doji. It looks like it is a bull trap and is going to head lower back to the 13 ema around 357 range.
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