Fade into resistance at $567–$569, cover into $559–$555 & flip bullish only if $570+ is reclaimed
- If QQQ rejects $568–$569 & rolls, target $562, then $559–$558 (channel bottom)
- Breakdown below $558 opens $555–$553 extension
- If QQQ can reclaim and close above $570, it breaks the channel mid-line and attacks $575–$577 (upper channel)
- Only above $577+ do bulls get control back
I am not a licensed professional & these posts are for informational purposes only, not financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am not a licensed professional & these posts are for informational purposes only, not financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.