QQQ Ascending Channel

This is basically the same as the SPY idea. I have a longer term short idea for NQ, but here's a shorter term chart for the potential move up to my short target. Watching the $495 area along with the ascending channel. We could get a move below that bounces at the gap fill at $492.80, but if it remains above $495 I'd expect a move up to ATH.
Chart PatternsTrend Analysis

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Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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