As is indicated on the Q chart below, all immediate levels of support have given way to a fresh Sell Signal (red down arrow), triggered at the close Wednesday. QQQ - Intermediate Trem Trading Model We were a bit early on the first tranche of puts (Mar 15), but nailed the second entry (Apr 4) and are nicely situated should the market continue sliding lower into May and/or Jun expiration, in addition to any IWM and/or SPY puts carried in conjunction with Premium Service Alerts. TLT is popping higher, but still not enough to trigger a 50% trailing stop (about +75%). If triggered, it will probably be accompanied by a new leg down in the Q's. TLT
