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Invesco QQQ Trust, Series 1
Long
Sep 20, 2022
QQQ Long @ $288.80
2
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2
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I have exited my SQQQ position and have flipped to QQQ for the time being. Potential pullback on the way.
QQQ broke out of the bottom of the KC and has re entered, this is a sign of a pullback.
We have developed a floor on the CM Williams Vix Fix Find Market Bottoms.
TSI and MACD has established a consolidation pattern, meaning movement downward has halted, for the time being.
I believe we'll retest the 50 & 200-day MA's this week, given no geopolitical quarrels throw any volatility into this mix.
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