$QQQ Bounced from 1.272 Fib extension (~443.40 zon
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Posted On: 04/20/2025 1:34:10 PM
$QQQ Bounced from 1.272 Fib extension (~443.40 zone) I'm still favoring a dead cat bounce to flush out the short before we dive lower.
✅ Bullish Scenario:
Close above $452 confirms breakout → targets $462, then $472
MACD cross + RSI > 50 = confirmation of strength
❌ Bearish Rejection:
Failure at $449–452 zone
Backtest toward $436 or $428 possible
Breakdown retests $407.22 base
https://www.threads.net/@millionairetradersal...PVI-WUy2BQ
✅ Bullish Scenario:
Close above $452 confirms breakout → targets $462, then $472
MACD cross + RSI > 50 = confirmation of strength
❌ Bearish Rejection:
Failure at $449–452 zone
Backtest toward $436 or $428 possible
Breakdown retests $407.22 base
https://www.threads.net/@millionairetradersal...PVI-WUy2BQ
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