Place your bets on this Nasdaq 100 consolidation

The QQQ is the chart of the week heading into a very busy earnings week where many of the largest components will report numbers.

The spring is coiled and wound up and it's ripe for a breakout in either direction. One big continuation pattern in the direction of the YTD rally, or is this the top before the next leg down? Place your bets!
breakoutCandlestick AnalysisconsolidationnasdaqQQQrangeSupply and DemandSupport and Resistance

Evan Medeiros
Founder, Trade Risk
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