Rebound to be short down
$QQQ.US$
Yesterday selloff push many stocks out of their Bollinger band, so a rebound to normalize is a given. But for me the downtrend looks to be set, with heavy volume yesterday. Even the brokers app streaming was down. This is my own take, but will look to short the bounce. Looking at the rebound to 450-470 levels.
Yesterday selloff push many stocks out of their Bollinger band, so a rebound to normalize is a given. But for me the downtrend looks to be set, with heavy volume yesterday. Even the brokers app streaming was down. This is my own take, but will look to short the bounce. Looking at the rebound to 450-470 levels.
![Rebound to be short down](https://sgsnsimg.moomoo.com/sns_client_feed/103118352/20240806/3e4b44e22a11134b974bcafa89a0cc51.jpg/big?area=101&is_public=true)
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