Once again, QQQ offers an objective short entry on this bounce back to the downtrend line off the recent highs with the same suggested stop from Friday’s initial short entry on the initial backtest. Previous (Friday’s) & updated 60-minute charts of QQQ below, followed by the 60-minute chart of /NQ, for futures traders.
QQQ 60m Aug 22nd
QQQ 60m Aug 25th
NQ 60m Aug 25th