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shuqi0923
May 19, 2021 8:24 PM

Tight bear channel.  

Invesco QQQ Trust, Series 1NASDAQ

Description

Today there is surprise gap down and bounce back. Strong premarket price action resulted in big gap down. And bulls successfully defended the bottom from May 12. This has formed tight bear channel. Again it is now close to top of the channel. Bulls are not in control yet unless break last lower high around 327.
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