QQQ Major Trend Break

28 thg 3

The uptrend from the 2022 low has finally been broken and we also have a shorter term bear flag that has developed since the break as well. I'd consider this a very significant break that will likely lead to a move down to $405. We may see some relief there, but I expect that to break eventually as well which should lead to a full retracement back down to the 2022 lows.

It is starting...

7 thg 4

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Target #1 hit, we'll see how long this bounce lasts. Will be looking for a move down to the 2023 low once $405 breaks before hitting the final target.