No question that there has been a change of character in the Q's. While we are not out of the woods and there is plenty of reason to be cautious here. I'm still bullish on the idea (not a prediction) that QQQ will resume it's prior trend or at least mirror that previous trend going forward. All TBD. In the meantime, all my trades are small with very tight stops.
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9/17 QQQ just like SPY is flirting with the 50 day line. It is important to stay or get back above that for the trend to be able to hold up. For now SPY is slightly stronger. It's yellow light time... don't push hard on the buy button until the market proves itself. IMO... And, I'm not bearish here, just open to all outcomes.