QQQ is carving out a constructive double-bottom reversal base
Bullish divergence confirmed; momentum rising while price tests resistance
Panic becomes opportunity once price stability returns
- Needs a confirmed breakout above $604 to unlock $613–$619 upside
- Structure supports the idea that the market is beginning to self-correct after the tariff-shock overreaction
Bullish divergence confirmed; momentum rising while price tests resistance
- The highest volume occurred during the first bottom (panic flush) & volume at the second bottom was lower (classic exhaustion signal)
- The right-side rally back to $600 printed increasing volume, suggesting dip buyers are active
- If QQQ closes above $604 on elevated volume, measured move becomes active with short-term bullish bias toward $613–$618
Panic becomes opportunity once price stability returns
I am not a licensed professional & these posts are for informational purposes only, not financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am not a licensed professional & these posts are for informational purposes only, not financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.