Plunge Accelerates in Nasdaq (QQQQ)
The last hour's plunge in the Nasdaq indices really started accelerating on a break below 1500 (36.60 in the Qs), which as we can see from the enclosed chart has triggered a plunge towards a test of the prior pullback low at 1484 (36.23). So far, that level has contained further damage.
For more of Mike Paulenoff, sign up for a Free 15-Day Trial to his ETF Trading Diary.