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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.

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#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
Chart 2
Weekly Chart: The main #SMAs are trending up. #Pivot and #Fib supported.

QQQ 4/5
Chart 3
Weekly Chart: The #Strategy includes multiple trades and is printed on the image.

$QQQ 5/5
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