$QQQ Falling Out of Rising Wedge?

QQQ may be flashing a warning sign here. Rising Wedge Patterns often lead to a new down leg but not always. Looks like we have a breach to the downside on this wedge. Additionally, it looks like today’s candle is a Shooting Star. These too often are a sign of weakness. The good news is that it bounced off the 20 EMA (blue). If it loses the 20 EMA I will be looking for a short sale entry using SQQQ as a short, SQQQ is a 3 times short leveraged ETF.

This is my personal observation that may or may not play out. I would rather the market head higher, but I am open to it heading lower too.

Ideas, not investing / trading advice.