Invesco QQQ Trust Series I
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QQQ Potential *Short Term Bearish Setup

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After studying the HTF here is what I am seeing as a potential setup forming.

We formed a HTF MSS on the 4H close to ATH leaving an epic equal high to come back to later. I am looking for a candle body closures *BELOW lows to confirm as we leave the MSS yellow zone and head to TP1 (-1). Once we approach TP2 (-2) we are entering another HTF BULLISH MSS. If this zone holds and we start seeing candle *BODY closures *ABOVE highs then my bias will no longer be bearish.

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