Invesco QQQ Trust Series I
Short
Updated

QQQ finally topping out?

251
Getting near the top of the channel since 2022. The 161.8% extension of the drop down to April is right above today's high as well. Market is overbought with bearish divergence on the daily, weekly, and monthly. Maybe 1 more high???
Trade active
Well this is working out so far. Elliot wave wise, this is looking like a 1-2 1-2 down now.

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.