QQQ has now joined the rest of the major US stock indices by breaking below its up-trendline support/bearish rising wedge pattern. Also note the recent 13/33 ema bearish cross (green/red histogram at bottom of the chart) which helps define the near & intermediate-term trend.
It is also worth noting that QQQ, along with SPY & IWM, has now fallen below the 9-day ema, which as schooner recently pointed out in the trading room, has acted as support on both QQQ & SPY since early October.
QQQ 60 min Nov 9th