--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000952574.md" description: "🚨 $QQQ WEEKLY WARNING β€” 3 BLACK CROWS COMING??? πŸ¦β€β¬›πŸ¦β€β¬›πŸ¦β€β¬›$QQQ just did something I don’t love heading into the weekend:Weekly 21 EMA: ~$711Weekly Close: ~$705πŸ”΄ QQQ CLOSED BELOW THE WEEKLY 21 EMA.A quick tag below the 21 EMA is one thing.Closing the week below it is different.And now we have:πŸ¦β€β¬› Crow #1: Down weekπŸ¦β€β¬› Crow #2: Another down weekπŸ¦β€β¬› Crow #3: Flying in next week…?We are now 2 straight weeks down, and another decisive red weekly candle could start looking a whole lot like the classic Three Black Crows bearish reversal setup.But here’s what I’m REALLY watching:🎯 THE IDEAL RESETA post-FOMC flush toward the weekly 50 SMA β€” roughly $665 β€” would be much more interesting to me than chasing downside here.$700 is the FLOOR TO DEFEND!Why?That would bring $QQQ much closer to the equity-vs-bond parity zone we’ve been tracking as Treasury yields have risen.In other words:Stocks pull back β†’ earnings yield improves β†’ valuation becomes more competitive with bonds.That’s the reset.πŸ”₯ NEXT WEEK'S BATTLEReclaim $711: Bulls begin repairing the chart.Stay below $711: Weekly pressure remains.Another heavy red week: πŸ¦β€β¬›πŸ¦β€β¬›πŸ¦β€β¬›Three Black Crows enters the conversation.Flush toward ~$$675 - 665: Painful short term β€” but potentially the healthier valuation reset we've been waiting for.The first two crows are already sitting on the fence.Does the third one land after FOMC? πŸ‘€πŸ¦β€β¬›πŸΏ 🍿🍿🍿" datetime: "2026-10-23T20:35:25.000Z" locales: - [en](https://longbridge.com/en/topics/100000000952574.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000952574.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000952574.md) author: "[Jim](https://longbridge.com/en/profiles/27423962.md)" generator: "portal-rs" --- # 🚨 $QQQ WEEKLY WARNING β€” 3 BLACK CROWS COMING??? πŸ¦β€β€¦ ### Related Stocks - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QQQP.US](https://longbridge.com/en/quote/QQQP.US.md) - [QQQW.US](https://longbridge.com/en/quote/QQQW.US.md) - [MQQQ.US](https://longbridge.com/en/quote/MQQQ.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**