Not much to update since the last post on the SPY & QQQ 60 minute charts/scenarios.  As mentioned yesterday, the former primary scenario was negated on the gap above resistance and the prior alternative scenario became the current primary scenario.  So far, prices have paused about where I had expected them to but until/unless we start to see prices reverse soon, ideally on increased volume and impulsive selling, my confidence on this scenario playing out is not high enough to aggressively add to any short positions or close any longs (that are shy of their profit targets).  Mainly just watching for now. Updated 60 minute SPY & QQQ charts: