Invesco QQQ Trust Series I
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First Post - Similarities with the Sept Correction

138
Could be at the bottom, but it's best to wait for the knife to land first.
Nota
The bottom has reversed as predicted by the confluence of factors:
Positive divergence on RSI
Double-top reject on 35MA to a lower-low
MACD similarity

If similarities ensue, we may see further upside and a reject on the 35MA

This will allow for a retest, ideally a double bottom, and then upwards momentum.

Watch for 35MA rejection on the 4hr and a double bottom reset.
Nota
The double bottom should align around $298, but may be a fast move. It is best to not act until there is a bounce off of 298

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