ContraryTrader

Qqq. 310 it is

Короткая
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
But first we pullback and let the late bears aboard... closed at the top of the white channel after testing 303 horizontal gap resistance..

Lost a nice bit on this melt up! pullback targets are 296-294 then we finish the 310 gap close.

Set a horizontal line at 303 and go back to last June and you'll see the support , Then go to Sept and you'll see the gap.

We still haven't broken out of this channel, this channel so I'd resistance is held tomorrow I'd expect a pullback to 300 then 296; after that a melt up to 310.

Imagine a Nike Check

The 1 hour levels for the RSI and MFI here is saying a 1% pullback.
Vix 1 hour chart is oversold..


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