QQQ taking out 380 has set the stage for new lows, whether it be sooner (today) or later (next week). An aggressive option trading strategy becomes more and more compelling with each new break of support. Next break around 370, the Jan 10th low, then 350, the Oct 4 low. Look for an Intermediate Term UVXY Long trade next, waiting on the daily trend model to confirm. Aggressive traders can jump the gun, but go out to Feb 18th expiration.