Chart on QQQ (4-Hour)

QQQ-- My work is screaming about an approaching correction but until QQQ weakens enough to trigger an initial warning signal, the bulls will remain in charge and have in their sights a retest of the August 2022 rally high-zone of 331.50 to 334.40. To trigger an INITIAL WARNING, QQQ needs to break and sustain beneath 323.80, and then follow through to the downside to dig into and slice through key nearest support that resides from 320.80 to 319.00. At the moment, with QQQ levitating around 326.00, the bulls still remain in control... Last is 325.91


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