$QQQ: Island reversal gap formation

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Follow up from my SPY note.

-> Bearish island reversal gap formation at +1.9x standard deviation from long-term trend
-> QQQ multiple MACD negative divergence
-> MACD hitting +2x standard 3x in 3 months
-> IWM likely making a lower high at the upper boundary of an established channel

https://www.tradingview.com/chart/SPY/bkaBVWzM-SPY-Red-flags-aplenty/

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