The potential bear flag pattern has grown a bit large in relation to the flagpole although that in no way changes my expectation for another leg down towards the next price target(s) on /NQ (Nasdaq 100 futures) until & unless yesterday’s wedge breakdown clearly fails. 60-minute chart below.
NQ 60m March 23rd
The end-of-day closing target (predicted in yesterday’s video shortly before the wedge breakdown) of 306.44 was hit, followed by the typical reaction, so far, with QQQ offering another objective short entry or add-on while it remains below the rising wedge pattern and/or on any backtest of the wedge (uptrend line) from below. 60-minute chart below.
QQQ 60m March 23rd