Pokersam - The QQQQ has dropped 3.23 in the last 7 trading days. So we are due for a bit on the upside. Yesterday's gain was insignificant. Today maybe a gap/crap kinda day. Oracle can only do so much. I would be selling any rally.
On the SPX Monthly the EMA E/8 bearish cross is still holding.
On the QQQQ Weekly the EMA 3/8 bearish cross is still holding.
JMHO, Lindy "Buy low, Sell high, stay with your system. If your system breaks fix it."