$QQQ Breaking out or not?

Updated
With all the bank craziness around is QQQ going to be able to keep this breakout attempt or will it break back below and fail? Breakouts in bear markets rarely work out.

I am pessimistically optimistic :)
Note
Weekly so far has a bullish engulfing pattern but the week isn't over yet.
Chart PatternsTrend Analysis

Also on:

Disclaimer