QQQ Momentum Takeaway

319
QQQ is carving out a constructive double-bottom reversal base
  • Needs a confirmed breakout above $604 to unlock $613–$619 upside
  • Structure supports the idea that the market is beginning to self-correct after the tariff-shock overreaction

Bullish divergence confirmed; momentum rising while price tests resistance
  • The highest volume occurred during the first bottom (panic flush) & volume at the second bottom was lower (classic exhaustion signal)
  • The right-side rally back to $600 printed increasing volume, suggesting dip buyers are active
  • If QQQ closes above $604 on elevated volume, measured move becomes active with short-term bullish bias toward $613–$618

Panic becomes opportunity once price stability returns

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.