Let's see if this inverse head & shoulders pattern fills out which would signal a bottom for the pullback in QQQ and lead to re-entering the channel and moving all the way up to the top of the channel, which is the measured move based on the height of the head to the neckline.
Hopefully we see a bullish divergence on the 4hr RSI as the QQQ pulls back into the right shoulder, signaling a reversal back to the neckline and breakout subsequently
Hopefully we see a bullish divergence on the 4hr RSI as the QQQ pulls back into the right shoulder, signaling a reversal back to the neckline and breakout subsequently