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Invesco QQQ Trust Series I

$QQQ Looks to Be in a Do or Die Area

69
QQQ For a bull case, I need to see this get above both the horizontal area of resistance and the downtrend line on this 65 minute chart.

It looks like it could be forming yet another bear flag. All TBD. If it breaks the flag down, I would expect another leg lower.

So what we have here is a case of do or die. Hope this helps
Catatan
It needs to put in a higher low as well.
jaxdog
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I am under no obligation to post any action or update to any idea.

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Chart PatternsTechnical IndicatorsIWMQQQSPDR S&P 500 ETF (SPY) Trend Analysis

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Chart PatternsTechnical IndicatorsIWMQQQSPDR S&P 500 ETF (SPY) Trend Analysis
jaxdog
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I am under no obligation to post any action or update to any idea.

Follow me on "X" where I post more content.
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.