the previously posted QQQ supports are now broken which opens the door for more downside. for those of you that have been contemplating shorting but for whatever reason, did not pull the trigger, i still think the R/R to shorting here is attractive for aggressive traders. one thing that i have been expecting recently is one of those good ol’ 3%+ down days in the market and i think that today or within the next few days, the odds are very good for that to happen. we still have plenty of room for my original downside targets on the index daily and 4 hour charts so a short here (preferably an add-on to an existing short position with embedded gains), with a stop not too far above still looks objective IMO. also, fwiw, i just re-entered the RGR shares covered earlier today as that T2 support level is now broken.