Invesco QQQ Trust, Series 1
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Some loading points you might be interested in

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The red lines are from the monthly that show QQQ in a tight channel since 1/23.
The white lines show some recent support and resistance levels.

It broke resistance on the second attempt and resistance has now become support. I think $517 is a crucial level and will probably be revisited seeing how overbought my indicators show. It's 50% of wave 3 and I think a good loading level (plus a gap close) with the previous resistance level serving as a stop loss and short entry. If I'm correct I am expecting a 15 point gain from $517 in approximately 3 weeks (give or take a few trading days). Let me know how you see it, would love added perspectives
أغلقت الصفقة: تم الوصول للهدف
the pull back, then rode wave 5 and then shorted at the red resistance line. This was awesome!

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