QQQ has been trying to break and hold it's new resistance of $290.55. I also see a bearish diamond pattern forming.
I will be entering in at $291.55-289.62. I will wait till after 12pm EST just in case there is a retracement. It is now 11:29 am EST 09/20/2022.
Jerome Powell will also be speaking later this week so I will be holding this until Friday.
I am currently waiting for confirmation.
Entry: $291.55-$289.72
1st Target: 285.76
2nd Target: 2810.63(this is if it breaks 285.76, so I will be careful chasing this target)
I'm setting my S.L at 292.68
I hope everyone has a great trading week! Be blessed and prosperous.
I will be entering in at $291.55-289.62. I will wait till after 12pm EST just in case there is a retracement. It is now 11:29 am EST 09/20/2022.
Jerome Powell will also be speaking later this week so I will be holding this until Friday.
I am currently waiting for confirmation.
Entry: $291.55-$289.72
1st Target: 285.76
2nd Target: 2810.63(this is if it breaks 285.76, so I will be careful chasing this target)
I'm setting my S.L at 292.68
I hope everyone has a great trading week! Be blessed and prosperous.
Note
Correction: **2nd Target: $281.63Trade active
In at $289.99Trade closed: target reached
Note
2nd target almost in reach. What a drop!! Love it!Note
Congrats to anyone who got in thisTrade active
Watching this chart today to see if there will be a bounce or will it keep dropping. I may come back to update this later for my records.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.