QQQ good night

After a pump of 20% in 6 weeks QQQ found real resistance and after being in a big rising wedge now finally did drop out confirming the bull trend is over. After the exhaustion gap and hitting a resistance level, there was a sign that the market is due for a correction or a new bear continuation.

Volume does confirm price action and trading ideas due to the fact it is much stronger on a red day, much more sellers than buyers in the last week or so.
It is still above all MA which is bullish.
RSI is cooling and is neutral.
MACD had a cross and red tick which is a sign of forming a new trend, a bear move.

Overall: It will be very hard for QQQ not to drop hard from this level. Only consolidation on this level, on smaller volume, could be a sign there is a chance for QQQ to continue its bull market. With breaking out of the rising wedge those chances are really small and it is more likely QQQ will visit Bigred where it should find some support.
For the bullish view, only a strong move above all resistance, and closing above the yellow resistance area would mean we are really in a new bull market and we had a bottom. Otherwise, hell will open soon and this was high for 2023!