The chart posted is the put call on a 10 and 20 day avg one my my best tools it should bottome at or near the same low point as it did on 4/4/2022 the qqq were ate 370 area at that time we are now at 77 on it .Conclusion the QQQ will now rally above fib relationship at the 371.6 wave a or 1 x 1.618 to 378/383 . based on this alone . Have taken a net long calls in GOOG