SoaringWave

QQQ is making lower highs and lower lows. A shift in direction?

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
(22 feb 2022)
QQQ now trading low at 339
if it breaks down [333]
it will find lower resistance at 315 and 298.
But can go lower.

It needs to brack 357 to go UP, making a double bottom to stay long.

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.