With just over 1 hr & 40 minutes to the closing bell as I type, if we’re going to get that “fade-into-the-close” that I suspect, it will likely start with a break below this small rising wedge pattern on the 5-minute chart below. QQQ is trading at the HOD now & still in very close proximity to that /NQ 14955ish resistance highlighted earlier today, thereby still offering an objective short entry for a pullback trade here and/or on a break below the 5-minute wedge. Should the market not like what AAPL is selling after the close today, I’ve added a second potential “after-hours” target as well. /NQ near-term pullback target just above the 14815 support.
QQQ Rally Fade Trade 11-2-23
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