The Key Level to break below is 434.35 as shown on this QQQ Intermediate Term Trend Model. Any break below 435, makes this a "Trade Pending" to be confirmed by a close below 434.35 QQQ We've been nursing this Big Picture trade for a long time, so let's not bail on our models because of a few false alarms. Look at what BITO has done in just a few short weeks, the numbers for a successful QQQ short will be just as good, if not better. BITO Calls - Manage trade positions via a 50% trailing stop from "Best Return." BITO April Expiration March & June Expirations
