QQQ looks to be putting in a top here. If it holds, I think we have a long way down to go.I think we'll surpass last years lows and end up somewhere around the $200 range (where the green supports are).
Let's see how it plays out over the next 6 months to a year.
Note
Note: There is the possibility of one more fake out move higher to $376, but if it can't close above that level, then top is in.Note
Got a push higher, only to $374 so far. I took puts between $373-374Note
Alright $376 finally tagged. Added to my short. Let's see if we get the reversal now.Note
Thinking here's where we start the reversal into next week.
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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.