Following today’s earlier sell signals & reversal off the 616ish target, QQQ offers an objective short entry/add-on with this backtest of the uptrend line/rising wedge pattern. Ditto for SPY (..after breaking down, hitting & reversing off the 686ish support). Stops commensurate with one’s average entry price & preferred price targets. Updated 60-minute charts below.
QQQ 60m 2 Jan 14th
SPY 60m 2 Jan 14th