I believe the QQQ's have more room to the down side...here are a couple of options I am looking at.
Trade closed manually:
Broke and closed above the trend line so I closed the short I had on.
I am watching the price action closely now. If this turns out to be false break I will go short again. If it re tests the trend line and it holds I will change my view and look for a long opportunity.
I am watching the price action closely now. If this turns out to be false break I will go short again. If it re tests the trend line and it holds I will change my view and look for a long opportunity.