Invesco QQQ Trust Series I

QQQ 08 01 and 22 chart

720
The interesting part here is
the 10/20/50 exponential moving averages on the weekly chart have been SO much more bearish THIS time than the prior 2 crashes. You'll notice a better 'bear' trend with them. We crossed below ALL 3 months ago and they haven't re-crossed since (like they did in 08).

If we currently get an inside week or a retest without a STRONG finish in the next 5 days, this could spell disaster for this market.

I am bearish, I do have puts. I am expecting moves lower.

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