The QQQs have created a head & shoulders pattern now and In the chart, you can see that we have a butterfly-bearish pattern.
For short-term target head and shoulder measurement move the target to 340$
We have a rising wedge pattern when the price breaks the support line of the rising wedge:
1st Target around 310$
2nd Target around 300$
3rd Target around 275$
I guess the price gonna drop to 330 before the FED meeting on the 13th of June.
I'm not a financial advisor.
For short-term target head and shoulder measurement move the target to 340$
We have a rising wedge pattern when the price breaks the support line of the rising wedge:
1st Target around 310$
2nd Target around 300$
3rd Target around 275$
I guess the price gonna drop to 330 before the FED meeting on the 13th of June.
I'm not a financial advisor.
Note
On 45 min graph, we can see a head and shoulder, a double top pattern, and a 7 bearish confirmation to the downsideOrder cancelled
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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.