We are looking at Inverse purchases
QQQ long unit trust position is reaching $250 at a max, needing a strong correction. This double top scenario is looking plausible.
This is not a signal, price will change and according to the rules of your plan, trade when price aligns to your levels.
Technicals:
Swing low - lowest ever price, creating double bottom to previous wick
Fake V-shape recovery for the economy.
market disconnect in favour of inflating greed.
no real QE back into the economy, just inflating prices of stocks.
QQQ long chart - price max reached.
historic supply
awaiting rejection wick candle or inside bar engulfing bearish.
Use risk management accordingly here.
note: our take is not final, this is not a signal, price will change and according to the rules of your plan, trade when price aligns to your levels.
If you like our work,
please leave a comment or private message to understand more about our analysis.
Many thanks,
Team Lupa
QQQ long unit trust position is reaching $250 at a max, needing a strong correction. This double top scenario is looking plausible.
This is not a signal, price will change and according to the rules of your plan, trade when price aligns to your levels.
Technicals:
Swing low - lowest ever price, creating double bottom to previous wick
Fake V-shape recovery for the economy.
market disconnect in favour of inflating greed.
no real QE back into the economy, just inflating prices of stocks.
QQQ long chart - price max reached.
historic supply
awaiting rejection wick candle or inside bar engulfing bearish.
Use risk management accordingly here.
note: our take is not final, this is not a signal, price will change and according to the rules of your plan, trade when price aligns to your levels.
If you like our work,
please leave a comment or private message to understand more about our analysis.
Many thanks,
Team Lupa
Trade active
moved stop loss and added more entries 0.22Note
trade still active
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