QQQ False Breakout
QQQ rallied today then completely gave back all its gains and even went into the red before closing neutral on the day. This left a false breakout doji. It looks like it is a bull trap and is going to head lower back to the 13 ema around 357 range.
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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.