Invesco QQQ Trust, Series 1
Updated

QQQ - A Structural "Imbalance" / Correction is Setting Up Again

340
The Divergence is very clear.

And Not a Sing of Strength, the AO makes
this clear.

Distribution after distribution...

Price itself is becoming Non-Responsive
at these Levels.

And yet chasers continue to listen to
Tom Lee and CNBC.

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A final distortion might not be forthcoming.

We will see, as the Distribution Patterns have
been Down 5% - 7% for NQ - only to rinse and
repeat.

As we can see... they are bout done with the
charade.

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17221 is now the Siren Song for Santa.

We're feeling more of a Tim Burton ending.

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IF you have no expectations... you will miss
the Trade - Velocity matters.

Note
GAPs well below the elbow.

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