kstrizzle001

QQQ - A tale of Two Paths (and Pitchforks)

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ is at an inflection area. It should soon determine which path is primary. There are arguments to be made for both paths, but bulls currently have a slight edge. Should the yellow region be lost by QQQ it opens the door for the bears to come charging in. Weekly close is shaping up to be a very similar formation as in the orange circle (bearish harami) - suggesting bears are already on the way - techs also have bearish divergences. Timing for yellow path is early April and white is mid June. GLTA!

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