QQQ Bullish Continuation BiasThat long lower wick + strong volume at the end of the day shows the dip was bought aggressively (buyers stepped in quickly when price pulled back)
Confirmed with volume so not just a “wick,” but actual conviction (institutions/algos defending the level)
That turns what could have been a “top signal” into more of a healthy consolidation candle inside an uptrend
When you see long wicks + heavy volume near support or resistance, it’s usually a sign of absorption with big money is willing to take the other side
At $600–$603, that’s especially important because it’s both a breakout retest & psychological level
As long as price holds above $600, that wick + volume combo suggests bulls still in control
A move through $605 on volume now has higher odds of continuation toward $610
Only if we see heavy sell volume without the wick (closing weak under $600) would it flip to bearish
