Hi frenchee; I think your chart and message is clear...but you meant the path of "least" resistance is down, right?
If so, that is also my read...maybe a small bounce Tues and even Wed, but then some more down looks probable before any sustained up.
Do you use the Q's to trade, or the equivalent funds throuh ProFunds or Rydex? I use the latter, and use the 2X fund.
I have some Q's in my Fidelity account, but am averse to paying trading fees...so I rarely trade them.