$TQQQ just printed a capitulation-style flush, and I'm leaning long. Not a trend reversal, a short post-flush bounce trade. What I'm waiting for: a retest of the flush low, not a chase. The reason a retest matters more than the bounce is in the volume. Context: AI and chip selling took it down about 17% in two hours. Price is now stretched far below its averages on every timeframe I checked. Why long here: - The flush candle traded 3.3x the prior max volume on the 4h. - The next 4h candle closed green on sharply lower volume. - Extreme oversold readings plus a 4h bullish divergence (MACD unconfirmed). Selling climax, fading supply and stretch all line up at the same low. Wyckoff read: the bigger picture is still markdown after distribution. But a flush on 3x volume, followed by a quiet up candle, is the classic first sign that sellers are running out. Wyckoff says buy the retest, not the spike. Where I'm wrong: a 4h close below the flush low, and then the 12h swing low giving way. That means it wasn't a bottom. Risks: 3x leverage decays and gaps. US jobs data lands within a day and could swing it hard. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.