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QQQ Possible Head and Shoulders

업데이트됨

Not confirmed, obviously, but the possibility is there. In tandem with the BTC chart (they've been correlating), things could get quite red all around.

노트

Looks like a shoulder is on its way but we'll have to see. So damn big. On this big of a chart, every candle feels like a century.

I want to see it under $326 consistently before I start believing in ghosts.

I'm calling anything in the range of $331-$333 inconclusive for now.

I wish I hadn't been right about the H&S this March, then I wouldn't be so worried that I have confirmation bias ;)

No. I don't regret it. That was a nice chunk of cash.

Hope this trade works out. Has the potential to be a biggie.

노트

Gaps got filled.

Inverse market reaction to catalysts continues (poor labor data = equities go up?)

Next week will tell the tale of this thesis.

$337+ means H&S is a trash idea.

Need to see some sub $330' days to make this viable.

Have a good weekend.

노트

BTC and other crypto just got shorted and tanked down to critical price which could indicate a big drop this week or next. NADAQ has been trading in sympathy with BTC. Not good for this chart if that continues.

노트

BTC price no longer correlating with NASDAQ. Interesting...

노트

Not looking good for H&S but I am very curious how the rest of this week plays out.

노트

Invalidated.

Higher highs or triple top?..

노트

Triple top? Next week will tell.