QQQ Breakout, Continuation, or Correction

Support levels are far below current price, but they anchor downside risk if a true bear phase begins

1. Clear $585 with an upside target $600–$625 (aligns with R2)
   
2. Hold between $568–$585, market consolidates until macro data (jobs, CPI, Fed)
   
3. Weekly close back below R1 ($568) opens a slide to $540 & maybe toward $482 if selling accelerates