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Analysis: #NASDAQ $QQQ

Case 54 #Invesco QQQ Trust

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#QQQ 1/5
The strong up trend is set to continue but we expect some signs of exhaustion to be seen around 231-243 which should then lead to a minor correction towards 197-194.

QQQ 2/5
Chart 1
Monthly Chart: Synthetic #trendline resistances and the project horizontal #resistances. A break above 208.80 could target 215.

QQQ 3/5
Read 5 tweets
1. #QAnon's new drop indicates that, now that there has been an a referral from the DOJ’s IG to prosecute [C]omey for leaking classified memos after being fired, the public is not yet understanding the DOJ's declination. #Q foxnews.com/politics/doj-w…
2. #QAnon After #Comey passed memos he penned on @POTUS to NYT thru a friend, the FBI'd down-classified them as merely “confidential”, a key factor in DOJ declining to prosecute. [C]omey claimed he was simply keeping “a diary” of his private deliberation w The President of the US
3. #QAnon “Everyone at the DOJ involved in the decision said it wasn’t a close call,” one official said. “They all thought this could not be prosecuted.”

Bigger [slam-dunk] charges are coming, and the ultimate public understanding of these events is just around the corner. #Q
Read 19 tweets
Let’s Get this Chart Storm STORMING...

1/

The most optimism in over 5 years - nothing to see here
2/

Since we are on the subject of sentiment and internal health/state of the markets

This swing in the equity options markets is off the scale manic. From very high put buying to very high call buying in 2 bars!!! $SPX
3/

But that’s not all. $VIX is not agreeing with options players - so someone is wrong. Possibly the manic maniacs? Your guess is as good as ours $SPX
Read 45 tweets

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