Short QQQ, Long IWM

This chart shows weekly performance of QQQ             vs IWM             . The idea is the same as here

Assuming orange band resistance holds:
1st target - 34EMA
2nd target -125 EMA
3rd target - rising channel support
Went long 50% IWM on August 19th, added another 50% today near lows.
Still keeping QQQ shorts, and plan to add on any bounce.
I will go long IWM when RSI breaks the resistance here Still short QQQ
I was thinking about buying IWM on August 7th, but then thought the better of it as it looks like channel resistance will be hit after all.
It looks like the resistance is going to hold Already short QQQ, planning to buy IWM on pullback
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