Falling Wedge (Third Bump)

QQQ forming a steep falling wedge. Think we head down to bump the bottom of the wedge for a third time, undercutting the recent lows. However, I think we get a big bear market rally afterwards given how oversold we are on the weekly timeframe w/ 7 consecutive down weeks and RSI near 2018 and 2020 levels.

SNAP cratering AH on weak guidance should help pull QQQ down to the bottom of the wedge this week.