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bigfry

Short QQQ on a break below 150 (Monthly Chart)

Short
Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
bigfry  
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Trend Analysis Chart Patterns
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0
trendanalysis chartpattern
I think that if QQQ breaks below the 150 level on the monthly chart, we will see QQQ going much lower.

Perhaps, it could go as low as the 100-115 support zone.

Currently, I don't see QQQ going below 150, but anything can happen. I'm still cautiously bullish.
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