$QQQ closeup on the daily chaft

QQQ

This daily close up is a follow up to the all time analysis posted earlier.
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I expect price to retrace back to that yellow line (all time upper support line), to somewhere in the low 300s/
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Looking for a spike into FOMC first, before the downtrend trigger.
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I am majorly short-biased here, with a pre-bought long hedge at the 320.70s for the day.
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My plan is to short post FOMC.