QQQ - The Bearish Case

Updated
I'm leaning more to the bullish side and want to keep myself honest. So here I am looking at the Bearish case for QQQ. Market may be switching bull, but this would be in the context of a major downtrend. A close above the weekly 21 EMA and the Major Downtrend Line would change things.
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I don't think the bear market is dead, but I am going to call the bear flag idea dead as PA has now melted through the top of the channel like butter.
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