OptionsMastery

I think we are going long for QQQ and I will explain why.

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
I think that we are going long for the QQQ based on my chart analysis. We are bouncing off a support zone and we were also overextended from the lower Bollinger band. We are also oversold on the RSI Heikin Ashi. And the MACD selling pressure is decreasing. I do not know how long we will go up but I feel like we will go up.

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