QQQ

Sell QQQ if it closes below 64.00 today. It is quite possible that this is merely a flag forming in the trend, but we don't know until it happens. I think everyone is nervous about the fed meeting on Tuesday, next week, so the price may just chop up and down in this area for a week. For now, a close below 64.00 is a MACD sell signal. If it goes to a new high after the fed meeting, we could get a buy signal. Alternatively, it could head down to near 61.50 to bounce off the 50 day moving average or down to 59.20 to the support of the old high.