QQQ - Rising Wedge Breakout Short

Idea for QQQ:
- Rising Wedge breakout to the downside, then obligatory re-test.
- QQQ Three Resistances Confluence (ATH, Ending Diagonal within an Ending Diagonal):

- Inner:

- ATH fake breakout can be seen as UTAD on Distribution.

GLHF
- DPT

Trade attivo

Bitcoin will lead down. Bitcoin is the techiest of tech:

Trade attivo

for EW:

Trade attivo

First drop incoming:

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Distribution Cycle:

Trade attivo

o/n RRP tightens systemic liquidity. RRP rates were a death blow to the bubble top rally. Cash reserves being sucked out of the system should widen the rates spread (OIS-LIBOR), and kill High Yield/Junk Bonds. NDX is just a HY derivative:

Any rallies now should be faded, barring dovish changes in monetary policy.

Trade attivo

NQ seems to be at or near a peak, drop here is 12700 with certainty:

Trade attivo

HY just fell off:

UnknownUnicorn1043646

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UnknownUnicorn1043646