This is an hourly chart of QQQ. Despite the obvious political news, this chart says more about the expected drop than any talking head speculations. The shaded area is a sweet spot for retracement, although any straight drop through the indicated Key Level would be enough for me to add puts for the massive selloff to come. That doesn't guarantee a continued selloff, but it remains the most likely outcome based on pattern recognition. QQQ Hourly Completed waves 3 and 5 still to come.
