While the market most certainly doesn’t always give us what we want, for those that shorted the recent breakdown in the major stock indices and/or around current levels on this snapback rally to the 8746 former support, now resistance level on /NQ, the “ideal” bearish scenario would have QQQ moving impulsively lower in the final hour of trading today now that it has broken down below the bear flag continuation pattern. 60-minute charts below.
/NQ & QQQ 60-minute Bear Flag Breakdowns
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