$QQQ - ugly day, probably head lower after relief rally

Gap down past wave 4 AVWAP, basically just trying to hold onto this 161.8 extension. Right now I think we likely will 3 wave to the upside but the rally will get faded near the downtrend line. I think from that downtrend line rally the market will drop again and we will see a 3 wave move to the downside to finish off a wave Y, at QQQ 352 area. From there it should be our wave 4 bottom (Also happens to be the 38.2 % retracement)

Trading this: Long with time (2022 or Dec earliest) because we probably dont see ATH again until end of Oct. Short the rallies up near downtrend line. Fools game to go short on a day like today