So far, the Q’s reversed off the top of the expected breakout failure zone to the penny, followed by a bearish engulfing 15-minute candlestick. Two more bearish developments that I’m watch for to firm up the bull trap scenario: A 60-minute bearish engulfing candlestick AND a move & 30-minute close below 105.60.
QQQ 15-minute 2 May 9th