QQQ or /NQ offers another objective add-on or new short entry on this snap-back rally off today’s post-opening lows following the recent 3rd break of trendline support following the most recent divergent high as would any additional push up to backtest the trendline from below. Also worth noting is the fact that any marginal new high anytime soon (i.e.- this week or next) would simply extend the existing negative divergences that were place at the recent top from Thursday, June 20th with QQQ, SPY, NVDA, & SOXX put in bearish engulfing candlesticks on the daily time frames. 60-minute charts below.
QQQ 60m July 1st
NQ 60m July 1st