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$QQQ to bottom sub $250?
Invesco QQQ Trust, Series 1
Short
$QQQ to bottom sub $250?
By benjihyam
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Jul 24, 2024
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Jul 24, 2024
QQQ had an impressive run, however, that run is now over and it's time to look at shorting this thing back into the ground.
As you can see, momentum has already flipped negative w/ the first red weekly heikin ashi candle.
I expect a sharp pullback here into the election and I think we'll bottom under the $250 sometime before the end of the year.
Let's see how it plays out.
nasdaq
QQQ
qqqshort
Supply and Demand
Support and Resistance
Trend Analysis
benjihyam
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