Invesco QQQ Trust Series I
Long
Mis à jour

QQQ setting up Reversal

167
QQQ has been downtrending however-

it broke through the mid-Fib levels which are now resistance

the Momentum Oscillator shows bearish momentum decreasing to nearly zero

the red dot on the center line suggests a squeeze is underway

recent candles are small range and nearly Doji

candles on the RSI Ichimoku are wide range and volatile

in general relative strength is rising in bullish divergence

Accordingly I will close the put options and open call options

with 48 hours of time to expiration at a strike 1% above current price.

Transaction en cours
My call options are up 365% closed one and two are runners.

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