QQQ has hit the next downside target (60 min chart) where a reaction is likely before a resumption of the downtrend while the bottom of 5/24 gap on SPY is also likely to produce a reaction before a resumption of the downtrend. Active traders might find these 60-minute chart support levels useful in micro-managing their positions while typical swing traders looking for more downside in the coming days & weeks shouldn't be overly concerned with trying to game all the zigs & zags of the larger trend.