QQQ is still likely headed to the 151.20 & possibly the 149.21ish level in the coming weeks following this breakdown below the most recent bearish rising wedge pattern (60-minute chart). I’ve also included some potential price targets for /NQ (Nasdaq 100 Emini futures) traders as well. The last chart is a 5-minute chart of QQQ for active traders or swing traders looking to micro-manage a position. A 5-minute candlestick close below 155.84 should be the catalyst for a move down to the next support at 155.35. Keep in mind that my analysis & near-term bearish outlook for QQQ dovetails with my recent analysis for SOXX & the semiconductor sector.