QQQ about to FLUSH?! Let's talk about it!

467
I'm not saying it's over but you have to admit it does feel like we are going to see a decent size pullback...2-6% over the next few weeks on the QQQ SPY

- VIX back over 20
- US20Y hit 52 week high
- USDJPY starting to creep towards April lows
- $491.54 GAP to fill on QQQ
- $447.58 Bigger GAP to fill on QQQ
- Credit starting to become and issue
- Banks/ Credit companies tanked today

There is bullish pieces as well but we do look extended here and a healthy 2-6% would be welcomed...A break of $475 level spells trouble on QQQ.

Penafian

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