Call Broken Wing Butterfly — QQQ
📉 Extreme RSI Extension Meets Defined-Risk Income
QQQ continues to push higher.
After several weeks of relentless upside momentum, the Nasdaq ETF has reached one of its most extended technical conditions of the year, with RSI climbing above 79.
Conditions like these push assets to the top of my Call Broken Wing Butterfly rankings.
Earlier today, QQQ was one of them.
I opened a new position designed to benefit from a slowdown, consolidation, or simply less upside than the market currently expects.
How the Trade Was Selected
The process started inside my private Telegram terminal — Options Strategist.
The scanner ranked multiple candidates based on RSI, volatility conditions, liquidity, and structure quality.
QQQ immediately stood out.
At the time of entry: