QQQ - Rising Wedge Breakout Short
Updated
Idea for QQQ:
- Rising Wedge breakout to the downside, then obligatory re-test.
- QQQ Three Resistances Confluence (ATH, Ending Diagonal within an Ending Diagonal):
- Inner:
- ATH fake breakout can be seen as UTAD on Distribution.
GLHF
- DPT
- Rising Wedge breakout to the downside, then obligatory re-test.
- QQQ Three Resistances Confluence (ATH, Ending Diagonal within an Ending Diagonal):
- Inner:
- ATH fake breakout can be seen as UTAD on Distribution.
GLHF
- DPT
Trade active
Bitcoin will lead down. Bitcoin is the techiest of tech:Trade active
for EW: Trade active
First drop incoming: Trade active
Distribution Cycle: 
Trade active
o/n RRP tightens systemic liquidity. RRP rates were a death blow to the bubble top rally. Cash reserves being sucked out of the system should widen the rates spread (OIS-LIBOR), and kill High Yield/Junk Bonds. NDX is just a HY derivative:Any rallies now should be faded, barring dovish changes in monetary policy.
Trade active
NQ seems to be at or near a peak, drop here is 12700 with certainty: Trade active
HY just fell off: Disclaimer
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