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Market Crash - QQQ Ascending Wedge

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Here we have yet another rising wedge, this time on QQQ. This pattern started back in October of 2023, so if we fall below, that's most likely going to be a substantial move. The longer the time period you have for a pattern, the bigger the move. An upside breakout is possible, if it breaks this wedge to the upside that'd be quite bullish. Easy to say it's bullish if it hits a new ATH, but when you have a bearish pattern that flips bullish, it usually adds even more movement. The best odds are for it to fall below.

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