QQQ Potential Bearish Resolution

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The white volume line has been fading during the climb inside the wedge
  • That’s typical of an exhaustion rally inside an ascending broadening wedge where price pushes higher on weaker participation
  • The last push up showed a small bounce in volume, but not a breakout-level surge
  • For a wedge, this usually suggests the rally is running out of gas rather than building strength

Broadening wedges often end with a volume pickup on the breakdown, not on the way up
  • If we see that white line spike while price loses the wedge bottom, that would be a strong bearish confirmation
  • Conversely, if volume expands while breaking above $573–$574, it would invalidate the bearish read & confirm strength instead
  • So, right now volume is consistent with a potential bearish resolution
הערה
** I posted an updated version with some corrections

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