QQQ is currently backtesting the 117.23ish former support, now resistance level while the 60-minute trend indicators remain clearly bearish… thereby offering another objective short entry. As per the video published earlier today, the most objective & highest probability short entry will come on a convincing break below QQQ 116.00 as well as the support levels highlighted on the top components of the Nasdaq 100.
QQQ 60-minute Oct 13th