Both the SPY & QQQ have broken the support levels posted on the 21st.  Those previous & updated charts below.  Note how the QQQ couldn’t even manage to reach the 61.8% fib retracement from the 9/19- 11/16 drop, adding to the case that the move off the 11/16 lows was nothing more than a corrective move in the early stages of a larger downtrend.