QQQ Could See A Bounce Very Soon

The Invesco QQQ Trust has had a good run up. What we're seeing now is a normal 5% pullback following a 20% gain.

In the most bullish scenario, we've already seen the bottom of this correction. Prices have reached the first zone's support line, and we're already witnessing a tiny recovery on the lower timeframes. The most bullish case is still valid if we touch the lower trendline. of the first zone.

Another scenario is a bigger correction, giving back half of the latest uptrend.

Chart PatternsQQQqqqforecastqqqlongTrend Analysis

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