QQQ 50 MA remount Monday, break below on Tuesday as it remains stuck in a range with 310.88 big support , a break below likely see 305 area. Chop in between. Keeping things simple, seeing many names bleeding slowly and lack of leadership, absence of momentum sectors doesn't bode well for indices. Keeping an open mind for all possibilities. Slim picking again until market stabilizes.
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Here is the watch list and game plan:
[caption id="attachment_61866" align="alignnone" width="800"]
FUTU Needs to hold 20 MA. Short watch on market weakness.[/caption][caption id="attachment_61865" align="alignnone" width="800"]
ROKU 380 needs to hold. Short watch if trend down day.[/caption][caption id="attachment_61864" align="alignnone" width="800"]
PLUG 50 MA rejection and bear flag look. Short watch.[/caption]
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