MajorLeagueTrader

💵 Attacks Major Level Of Resistance (QQQ)

NASDAQ:QQQ   INVESCO QQQ TRUST UNIT SER 1
💰 LET'S GET INTO SOME QQQ ETF ANALYSIS!💰

1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤

(Overall Market Sentiment) Neutral 🤷‍♂️

- 3day Chart
- Green Engulfing Candle
- 3/3 EMA DOTS Green

We are aware on the 3day on big players like the DOW and SPX500 we are starting to see potential shift for selloff as they start to compress and shift red, but we won't have a close till the end of the week. QQQ is still firing massive green candles with all indicators still green. This week close and next week should show us a nice trend reversal range to watch closely on the market to see how we approach for a longterm play. What can we take into consideration for potential bear signs. We are entering into overbought territory based off the bottom indicator and we can take into consideration that we are now hitting the top of the alltime upward Resistance from all major market structures.

Best of luck to you and all of your trades this week! 🤜

Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤

Thanks for checking out our analysis! ✌😁✌

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Comments

Thanks for the insight. Can you give us an update?
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