The Q’s are playing out as forecasted (first chart below) following Friday’s late session rising wedge breakdown & prices reversing off the bottom of the S2 zone following a very minor reaction around the S1 level. If Friday’s forecast continues to play out, the bounce off S2 should end soon with a resumption of the downtrend.
- QQQ 2-minute 2 Dec 4th
- QQQ 2-minute Dec 7th