Invesco QQQ Trust, Series 1
Singkat

QQQ Simply Has to be Showing a Double Top

721
We've just seen another rocket parade over the past 2 weeks, like the one we saw back in November. But, as we kick-off Q1 earnings season, are we finally seeing the end of the insane post Covid crash rally? If we break out higher, the S&P could potentially breach the upper band of the ascending channel, leading to yet another round of short squeezes, and new ATH's. According to Nomura, we're in the 92.8th percentile for long delta, which is extreme to say the least. Everyone is on one side of the boat, so what happens next?

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.