QQQ possible support/reversal

Just an idea but I'm looking at a possible reversal for QQQ on prior support and 127% extension of the current swing down. If this comes to fruition and then reverses at TGT 1 ...then Im looking at an "ABC bear" chart pattern with a further swing down.
Chart PatternsTechnical IndicatorsnasdaqQQQTechnical AnalysisTrend Analysis

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