QQQ Volatility Squeeze Ahead?

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A decisive break & close below $556 would confirm this bearish move,
  • $532–$529
  • Head at ~$583
  • Neckline at ~$556 sloping upward which tends to delay confirmation, but breakdowns can be sharper if they do occur
  • (Head - Neckline) = ~27 points, so the measured move is ~$556 – $27 = ~$529

If QQQ closes back above $575, the right shoulder fails & we see continuation of the uptrend

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