As the Nasdaq 100 continues to test the key 200-day simple moving average on the daily chart as well as the 61.8% Fibonacci retracement level of the initial leg down off the Nov highs, QQQ will trigger a sell signal on a solid break below this uptrend line/60-minute rising wedge pattern. Ditto for /NQ (Nasdaq 100 futures) and /ES (S&P 500 futures).
QQQ 60m March 30th
NQ 60m March 30th
ES 60m March 30th
On a related note, VXX ($VIX short-term futures ETN) continues to offer an objective long entry at the first target (former resistance, now support) from the previous trade. Daily chart below.
VXX daily March 30th