Apple sold off pretty hard passing 100 MA. In the process created a potential bullish divergence(I believe its already playing out) Closed my shorts on APPLE and QQQ. Went long 30min before close on Apple and QQQ. I'm not sure how far this bounce will play out (could be days or weeks) Also we have created a trading channel on QQQ and SPY. If we do have a sustained bounce we could go up 8-10% to test the 200MA (I would load up on shorts at those levels) but 4-5% at a minimum.