"IT'S A TRAP"

Market appearing to regain momentum, but I think it's a trap.
Similar price action as when the correction began.
Resistance is strong 12,800.
The bear was taking a cigarette break as far as I am concerned.
Buckle up and prepare for the last leg (DOWN) of this correction.
I maintain an expected bottom of July 2023

Good luck
Not financial advice
Chart PatternsTechnical Indicatorsnasdaq100NASDAQ 100 CFDQQQSQQQTQQQTrend Analysis

Disclaimer