If $QQQ is running a 2018 playbook, the bounce has to show up tomorrow or we're in deeper trouble.
Quick analog check: Late 2018 saw a brutal December selloff that bottomed Christmas Eve before ripping back. The key was the bounce came FAST after the puke—no slow grind, just a violent reversal off oversold.
If we're mirroring that setup, $QQQ needs to catch a bid NOW. Another day of breakdown and the analog breaks—then we're looking at something worse than a standard correction flush.
Watch for any sign of capitulation volume + reversal candles tomorrow. If it doesn't show, the deja vu scenario is off the table.
Quick analog check: Late 2018 saw a brutal December selloff that bottomed Christmas Eve before ripping back. The key was the bounce came FAST after the puke—no slow grind, just a violent reversal off oversold.
If we're mirroring that setup, $QQQ needs to catch a bid NOW. Another day of breakdown and the analog breaks—then we're looking at something worse than a standard correction flush.
Watch for any sign of capitulation volume + reversal candles tomorrow. If it doesn't show, the deja vu scenario is off the table.