Crossover in the long and short term trends in the NASDAQ

We have a short term asending trend and a long term downtrend in the NASDAQ. These two trends (indicated by the green lines) are set to cross over in the coming days - with this week's earnings reports, news from the Fed, and GDP figures, we're very likely to see a crunch point in the next few days. I'm bearish, shorting the QQQ.