$QQQ WASHED OUT OVER 9 DAYS IN A MASSIVE DELEVERAGING EVENT AS US AND FOREIGN INVESTORS DE-RISKED AHEAD OF THE ELECTIONS…
$QQQ WASHED OUT OVER 9 DAYS IN A MASSIVE DELEVERAGING EVENT AS US AND FOREIGN INVESTORS DE-RISKED AHEAD OF THE ELECTIONS.
NOW - $QQQ is "TRYING" to JUMP ACROSS THE CREEK. GAPS HAVE BEEN FILLED AND TODAY'S CANDLE IS A BULLISH DEMAND CANDLE PUSHING RIGHT UP TO THE 8 EMA.THERE IS A HUGE PUT WALL FOR FRIDAY AT $730.CLEAR THAT WALL AND THE QQQ's can see $735 as They "JUMP ACROSS THE CREEK".Expect a BACKUP to the CREEK AHEAD OF ELECTIONS.SHOULD MACRO STAY POSITIVE $QQQ's CAN RUN in a CATCH UP TRADE.COULD TAKE 2-3 DAYS to JUMP ACROSS THE CREEK.WE ARE IN THE FOLLOW THROUGH WINDOW OFF THE LOW. SO DAY 4-7 Tomorrow Until Tuesday.

The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
