Ok, so just like previously posted SPY H&S possibility, here's QQQ possible H&S setup (they're pretty much identical for all practical purposes). H&S wouldn't be confirmed until QQQ drops to around 83.5-84ish area to form neckline, then move back up to form a right shoulder (possibly 88-89 area (?), then breaking down back through neckline. Time will tell! NOTE...
From Here to 95 $NDX $NQ_F
My levels might be slightly off, but since we are establishing a first touch of 2000 crash levels of support lost that initiated the crash... we will fail and retest support gained that brought us here.
Working off oversold & back above 50day. Can we touch top of broadening wedge?
$AAPL didn't help the cause but Williams%R was suggesting a bounce was near.
With the QQQ breaking down, look to lean short in AMZN, AAPL,GOOG,LNKD,NFLX..etc...