The horizontal lines on that 60-minute QQQ chart just posted are some near-term targets. I’ve been lazy & do plan to add some price targets to the TQQQ Active Short trade, which I will soon, but my intention for that trade was, and still is, that it has a good chance of morphing into a multi-month swing trade with the possibility of the Q’s revisiting the Aug lows. However, there is considerable work to be done on the charts to even put that as a strong likelihood at this time because the recent rally did quite a bit a damage to the intermediate & longer-term bearish case. I’m still watching to see what happens in the coming days & weeks. Haven’t added to that initial TQQQ short position since the day I posted/shorted it & don’t plan to at this time. With the charts not very clear right now & earnings season still underway, I can think of no better reason to keep things light for now.