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Vinny10
Nov 10, 2023 2:59 AM

Looking for a retracement $QQQ $SPY 

Invesco QQQ Trust, Series 1NASDAQ

Description

Potential Bull-Trap here with many thinking price action has ripped through resistance. There are some gaps below that are left unfilled. Bulls - stay cautious

Comment

Ultimately I feel we go higher, but I do feel there is a much higher likelihood for a pullback. Also, many FANG stocks have bearish divergence on Intraday charts signaling some needed rest

Trade closed: stop reached

Stop hit, closing trade
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