Technical analysis by benjihyam about Symbol QQQX: Sell recommendation (6/5/2025)

QQQ has been consolidating in a massive rising wedge and looks set to break down from it. Unless price can get back above previous highs, then new lows is the most likely outcome here. I've marked off support levels on the downside that might be good opportunities to scale in on the long side. Let's see how low we go.