Invesco QQQ Trust Series 1 (QQQ)

[farooq]

So we could go down lower because ES is picture is changing.
Here is my view on ES,
I think daily is saying 100 point more to downside on ES if not more.
A bar closing above 2459 will probably change picture at this moment. It probably will keep moving down in declining channel.
I think in coming few days will be fast and furious, no EOM window dressing this time rather more selling.
We have not tested 30 on daily RSI, CCI has not tested zero line. EMA 22 is making down ward slope so trend is changed.
I was wrong many times, but that is my read on daily.