ContraryTrader

Sideways movement not a coincidence

Corto
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Forming right shoulder wish should be fully formed by 2nd week of June's. Notice how one says it barely goes up and the next day it barely goes down, that's how you form a shoulder. You would think its consolidation until you look at the bigger picture. I'm thinking Feds announcement of bond tampering mid June will be the catalyst. don't let the 5$ one day low volume moves fool you, the smart money has already left

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