IMHO bulls just reclaim the midpoint of the recent swing low to swing high on QQQ. They are now at the midpoint of the upper half. A fail here will bring us back to the midpoint of the lower half, roughly 172. But we can also rally to the highs, and a fade there, likely with divergences, will lead to a bigger move down to 6/28 low and potentially breaking that level.

Thx JF. So far both /ES & /NQ turning down off resistance on the 60-minute close in evening trading but as of now, those pullbacks are taking the form of potential bull flag continuation patterns & that is one heck of a flagpole leading up to the flags (i.e.- big measured upside targets if they do play out).