Technical analysis by WavesPatternsCandlesIndicators about Symbol QQQX: Sell recommendation (8/6/2025)
https://sahmeto.com/message/3689635
WavesPatternsCandlesIndicators
Rank: 4262
Analytical Power:
1.7
Nasdaq at or near end of trend?
:Sell
Price at Publish Time:
$561.11

Broadening top seen, with current PO if the recent high is the top. There’s still room to run higher to test the upper boundary of this pattern. Should the current potential head and shoulders top on the hourly chart break out to the downside then the odds of the top being in now increases. The same head and shoulders pattern is showing up in the major averages and also for Berkshire Hathaway.
Source Message: TradingView