QQQ SHORT

Technicals:
1. price is drawing close to a liquidity zone (PWL)
2. IRL>ERL
3. Gap fill. Price retracement as at now is at 38.2%. price needs at least 50% equilibrium to reverse. more upside momentum expected.
4. Downtrend

Fundamentals
Friday - NFP. This could drive prices more to the downside to take out nearest draw on liquidity. (PWL)