QQQ rangbound bearish bias SHORT

AwesomeAvani Updated   
BATS:QQQ   Invesco QQQ Trust, Series 1
QQQ on the daily chart hit a hpivot high on 3/21 followed by a slight downtrend of 1-1.5 %

overall this past week. Buying volumes are low. The Price Momentum Oscillator has

reversed to bearish and the Raltive Trend Index has entered the chop zone and is heading

bearish. Price is presently one standard deviation above the intermediate-term anchored

VWAP. Reversion to the mean suggests another 1% move downside before VWAP support

exerts itself. Price is compressing in a symmetrical triangle. Accordingly, I am expecting

a move down before a potential reversal in a VWAP bounce from that support.
Trade closed: target reached:
QQQ fell as expected. Put option paid 40%. Now is the time to close an trade

long instead
QQQ retraced up from a downtrend after a rise yesterday. The supertrend is bearish
and most certainly hot inflation reporting fortifies the trend down.
QQQ to correct upside going long with TQQQ
QQQ had a big move up today; expecting a move down due to profit taking for the end of the week,

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