PartTimeGenius

QQQ Wedge breaking down?... (BEARISH!)

Short
NASDAQ:QQQ   INVESCO QQQ TRUST
Is today the day the house of cards comes down crumbling?... Maybe, need to see an increase in volume . At a minimum needs to print 2x avg . volume on daily. So far looks like low volume manipulation by algos... Remember that nothing happens unless QQQ breaks down or breaks out. nonetheless, still bearish!
***Let's talk about it...***

Comments

I agree, if it breaks 189 then next stop is 187.7. right now the accumulation distribution seems like slowly dropping, definitely bearish
+2 Reply
Nice bounce off the line today
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