Invesco QQQ Trust, Series 1
Updated

$QQQ Impulse or correction? (Doesn´t matter)

120
Our primary scenario is that we are in correction mode, as shown on the chart. But, even in that case, short term price action should take us close to new highs.

If this is an impulse, or a flat correction, or anything else, either way we will only trade long until QQQ reaches the 334 level. From that point on, we will let price action give us more clues.
Trade closed: target reached

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