QQQ & J225 Wyckoff Distribution
I'm seeing Wyckoff Distribution Patterns on lots of index and mega cap charts, including QQQ J225 & MSFT. It seems pretty obvious that the next bear market is about to start, between Sept Trip Witch and March Trip Witch.
I have no association with Trading Coach, just borrowing their graphic for example.
I have no association with Trading Coach, just borrowing their graphic for example.
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Similar pattern in J225
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QQQ 500+333/2=416.5 midpoint level to watch
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416.5 would be bear trend neutral in the 333-666 range, with 500 being neutral. If it fails 416.5, bear trend will continue; if not possible buying opportunity. 
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