QQQ has triggered the next objective short entry/sell signal triggered on today’s impulsive break below the 60-minute bear flag highlighted in yesterday’s video. With MSFT & GOOGL both reporting after the market close today followed by FB, PYPL, & QCOM tomorrow then AMZN, AAPL, & INTC on Thursday, we may or may not get the typically mostly-straight-down move to the measured target of the bear flag continuation pattern (~306) although I do still favor a move down to & below that level in the coming days to weeks. 60-minute chart below.
QQQ Bear Flag Breakdown
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