MDA - Market Direction Analysis

[LG]

WLorD: Well I don't know about gentleman...LOL

I would now drop my QQQ stop to 27.59 (the conservative play) or maybe even lower to say 27.51. Individual choice, depending on your trading acumen.

With my intraday models bottoming out, I suspect we could get a pop in here. If so, a brief short covering induced rally is possible, which will offer another shorting opportunity at slightly higher levels.

Jack be nimble, jack be quick...may sure your broker can execute...gg

Regards,
LG