After hitting T1, SQQQ reversed, as is often the case following the initial tag of a price target, and appears headed for a backtest of the falling wedge which should come in right around & possibly just below the suggested stop (which remains on a daily close below 12.20).
SQQQ 60-min 2 July 17th
This pullback, as well as any backtest of the wedge as long as the bullish divergences (on SQQQ, negative divergences on QQQ) remain intact, provided an objective add-on or new short entry on QQQ/SQQQ.
NQ 60-min July 17th
Likewise, /NQ (Nasdaq 100 E-mini futures) are close to backtesting the wedge with the negative divergences still very much intact & also offer an objective short entry or add-on on a backtest of the bearish rising wedge pattern. Note: SQQQ remains the official proxy for this short trade on QQQ.