looks like a pretty object short entry/add-on to me as the Q’s re-test the broken channel here. could turn down here or possibly crawl a little higher first. set you stops according to you own risk tolerance and trading style. one thing to note: as i type, the $NDX/QQQ has recouped just about all of today’s losses as it is basically flat on the day yet the decliners are still outpacing advancing issues about 2:1. seems AAPL and a few big names are carrying most of the weight today. that could improve into the close but as of now, not a good sign.
