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greencru
May 11, 2020 11:37 PM

QQQ 3-Day View: fairly symetric up/down size/time pattern Short

Invesco QQQ Trust, Series 1NASDAQ

Description

Strong QQQ pattern has pulled back consistently in size/time ranges. QQQ has not had 7 up days in a row (now 6) for months.

Trade active

Day 1: Playing out EXACTLY with pattern. Target 215 with potential for 210

Trade active

Day 2/3: Continues to progress with pattern. Touched 215.99 today, so looking for the breakdown today, to close position at 215 or below. A technical breakdown below 216 trend line, has no support until 210-211.
Comments
StevenBrooks
Excellent Analysis. You nailed it! Great work.
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