QQQ - Bollinger high is charging its toll
$Invesco QQQ(QQQ)$ Sooner or later, indexes pay the price of crossing a Bollinger Band. That can be sustainable for an individual stock-mania, but staying out of the Bollinger range is not a common move for an index.
Bear or Bull, pay attention to the bands; and forget the crowd (Check the arrows).
...And when RSI joins the party, the outcome (retrace) is a matter of time.
30 reposts for $Tesla Motors(TSLA)$ and $NVIDIA Corp(NVDA)$ update
$NASDAQ(.IXIC)$ $ProShares UltraPro Short QQQ(SQQQ)$ $NASDAQ 100(NDX)$
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https://x.com/SmartReversals/status/1805349949539745897
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