N0tSwift

QQQs Still trending down, consolidating

Singkat
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NASDAQ:QQQ   Invesco QQQ Trust, Series 1
I see this moving downward, but price moves are squeezing smaller indicating a bigger move coming.
Broke 282.50 support twice this week, but closed above with a gradual healthy rise to end the day.
Lower highs each day.

If we don't break pattern, Monday looks like...

*NOT FINANICAL ADVICE - NOT A FINANCIAL ADVISOR*
Komen:
This looks like a topping candle, also indicating down on a daily chart.
Komen:
Blew through 282, now down to 274 or further. Still on RED trend line down.
Komen:
We sliced through the 270 support like it was nothing. Next stop around 260. Target in Sight, but still several days away. Election could change things around. Hoping for a Nice resume Upward trend soon, but not holding my breath for it , it could be as long as February.
Penafian

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