QQQ is still clinging to the 60-minute positive divergences but only by a hair as a drop much below the recent lows will “negate” or take out those divergences & could trigger the next leg down in the bear market (most likely scenario at this time) while a successful defense & solid recovery back above 270 would likely be the catalyst for a rally (less likely but most certainly a possibility). 60-minute chart below.
QQQ 60m Oct 12th