This Bearish Shark started forming from May 18th to May 26th. Two weeks ago. There was resistance at $3312. Also resistance last week at 3270s. This week resistance at $3295. It started to taper off after hitting $3295. Institutions placed 3 million with Puts on QQQ. Amazon, along with Google is one of their major holdings.
Best regards, This is not financial advice. This is only for educational purposes.
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.