btwice53190

$QQQ bear count - not favored but possible

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ has not broken ATH's. So if we do go into flush mode and SPY goes down to create a double bottom, it is very likely that QQQ would set new lows. This would likely have QQQ flushing down to the mid 340 range.

I am not favoring any of the bear counts but want this to be out there for people to realize it is possible

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.