QQQ has bounced back up to the bottom of the most recent bounce target (resistance) zone, once again providing an objective short entry here and/or up to the top of the zone or downtrend line just above.

QQQ 60m 2 May 14th

QQQ 60m 2 May 14th

Likewise, SPY has also bounced back to the bottom of the bounce target zone that was highlighted earlier in the week, once again offering an objective short entry here and/or up to the top of the zone.

SPY 60m 2 May 14th

SPY 60m 2 May 14th