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QQQ
Short Entry 591.1700 2025-09-17 01:45 UTC
Target 583.3200 Fail 599.1800
Risk/Reward 1 : 1
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QQQ
Stocks
Technical
1H
Analysis Predict Bear Market
The analysis focuses on SPY, QQQ, NVDA, and TSLA. SPY is showing a dark cloud cover but needs to lose 659.21. If that happens a retest of lower levels is expected at 652.21 or 21 day EMA. Failure to trigger this candlestick pattern may cause the SPY to continue upward.The one hour chart needs to lose 659.94 and 21 hour EMA for a bearish reversal to occur, if this happens there could be a head and shoulders pattern playing out. QQQ needs to lose 590.49 to trigger bearish correction, a candlestick in NVDA rejects the idea of a bottom signal. TSLA is approaching resistance near 420 and the top signal wasn't triggered with bullish continuation.
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