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

Transaction en cours:

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

Transaction en cours:

for EW:

Transaction en cours:

First drop incoming:

Transaction en cours:

Distribution Cycle:

Transaction en cours:

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.

Transaction en cours:

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

Transaction en cours:

HY just fell off: