QQQ Read on the Candles

Today’s long red candle shows strong rejection, high conviction selling

Today’s 4H bounce at the center band looks more like technical support hold, not yet bullish reversal

• So short-term the market is testing balance at $570
  
• If it loses $570, downside continuation is favored
  
• If it recaptures $576 quickly, squeeze potential kicks in
  

Trigger to watch is a daily close under $568, or weakness that can’t reclaim $570