MarcPMarkets

QQQ: Check The Roadmap. Major Support Test.

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
The Nasdaq may look ugly, BUT pay more attention to where it is on the road map. IF a reversal materializes at the current level, it can establish a double bottom. If it pushes lower into the mid 153's, it will be within a high probability reversal zone. What does all this mean? It is high risk to be short at current levels. We are looking for relatively strong stocks for possible swing trade longs.

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