here’s the updated 4 hour QQQ chart with an additional target (T3) added.  in my previous post of this chart last week, i stated that i favored the Q’s dropping to a least T1, as they pretty much now have.  however, i’ve continued to add new short positions since then, including today, as i currently favor additional downside at this point (at least T2) and i do not plan to cover any shorts here (other than those that hit their pre-determined profit targets/limit orders), regardless of the fact that the odds of a bounce off these levels are decent.  last few charts in order with most recent last: