Invesco QQQ Trust, Series 1
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Top 5 Weekly Trade Ides #1 - QQQ Broadening Wedge

ที่อัปเดต:
QQQ is in a range from around $492.80 to $485. It's been forming this broadening wedge on the 15m, so I'm looking for a break to the upside for longs up to $492.80. Busy week of volatility ahead most likely with the election and FOMC, but for now VX is getting crushed. I would expect us to hold up until something changes, could be a quick move up to $492.50 or a nice short to $479 if it breaks below $485.
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Nice break for QQQ. Didn't get a great chance for entry today since it has basically gone straight up with no pull backs but target hit.
Chart PatternsTrend Analysis

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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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