The Monthly UBB continues to fall away and is at 261.70. This will continue to push the target to the 260 range. Added a Green cross-bar, a .5 channel embedded with-in the lower .5 channel of the larger diamond. Some nice penny wicks offering support for the retracement. The diamond continues to offer back tests and that is what I will be looking for. QQQ has also been giving up some great V-shape recoveries in the short term on this very controlled consolidation.