QQQ 203.29 target/support effectively hit, which is likely to cap today’s sell-off with a reaction here followed by a break below that level & the next leg down as early as tomorrow. 60-minute chart below.

QQQ 60m 2 April 21st

QQQ 60m 2 April 21st

Likewise, SPY has fallen to the key 273.39 support with the typical & expected reaction so far in the form of a consolidation on that level. This is likely the end-point to today’s drop with the next sell signal to come on a solid break below this level.

SPY 60m 2 April 21st

SPY 60m 2 April 21st

I just finished a video covering these developments as well as the near-term outlook for the major stock indices along with some other things which should be posted shortly but I wanted to get these charts out in advance for those interested.