Chairman Powell pulled the rug out of the weak weekly recovery from Monday's down day, pushing the indices back down to the lows of the week: QQQ Weekly QQQ 120 Minute Coincidentally, QQQ rose right to it's Fibonacci 32.8% retracement level (small rectangle) before Powell pulled the punchbowl. Next stop bottom of the Wave 3 channel, < 250 between now and either Sep or Oct monthly options expiration. SPX - Approaches Key Level 4100 Looking for acceleration down below 4100
