I'm leaning more to the bullish side and want to keep myself honest. So here I am looking at the Bearish case for QQQ. Market may be switching bull, but this would be in the context of a major downtrend. A close above the weekly 21 EMA and the Major Downtrend Line would change things.
Note
I don't think the bear market is dead, but I am going to call the bear flag idea dead as PA has now melted through the top of the channel like butter.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.