Pokersam - Your probably right. However, even the LT charts are getting pretty OS at this point. The QQQQ Monthly RSI(5) is below 30 now, I know it can stay down there for long periods. I would expect we retest the 200 day MA on the QQQQ at 45.44. But I agree the main trend is DOWN for awhile.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."