Switching to a candle chart is providing an even more bearish view. The proliferation of red 30-minute candles in recent trading provides a "path of least resistance" toward the key 200 DIA level (20000 Dow). QQQ QQQ is trading at 184 and has critical support at 181 and an Intermediate Term Sell Signal below 178. If the former goes, the latter will be next. If this triggers it will not bode well for the next four weeks.
