With 1-hour before the markets opens, QQQ is currently indicated to gap just shy of the former critical support, now solid resistance zone of 116-115.75, thereby offering a very objective short entry or add-on to an existing short position with a stop on a solid one or two day close 1-2% above the 116.00 level. Previous & updated daily chart (as of Friday’s close, not reflecting today’s pre-market trades):

Likewise, SPY is currently indicated to gap smack in the middle of the former critical support, now solid resistance zone of 212.20-211, thereby also offering a very objective short entry or add-on to an existing short position with the appropriate stops based slightly above the top of the 212.20 level on a daily or two-day closing basis. Previous & updated daily chart (not reflective of today’s pre-market trading):

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