
NVIDIADay 7 – Watching QQQ Near Support
#MyInvestmentDiary
I'm observing Invesco QQQ Trust as price pulls back toward the support zone around 590–595. The ETF is currently trading below the 20 and 50 SMA, showing short-term weakness.
Insights: RSI is near the lower range and MACD remains negative, suggesting momentum is still bearish. However, the price is approaching a key support area and the 200 SMA.
Plan: I’m watching for a potential bounce from this level before considering any entry.
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