A longer dated short position can start to be built in this basket of FAANG names but would push out past Q1 Earnings to absorb any earnings recession and a resolution to banking crisis as tech has become flight to safety away from oil and financials, weakening the $SPX and $DJI
Cypher on $QQQ confirmed over Thursday and Friday, would look for a move near the .382 Fib retracement/neckline between 314.5-313.68. I'd invalidate the trade with a bulllish retracement to the upside back near 330-334.5
