QQQ Charts

Aug should be more than enough to cover these signals, but I doubt we even need that long, I just prefer quality.

 QQQ 1 min intraday - remember new divergences (even from our intraday positive leading to the bounce off the lows to today) start on the 1 min chart and grow from there. The 1 min shows no sign of a positive from yesterday as the scale of the negative leading divergence in place overwhelms it.

 QQQ 3 min shows distribution, yesterday's intraday accumulation for an intraday bounce (remember it wasn't a lot accumulated, it can't support a large move) and today this is now going relative and leading negative. The longer term trend is much worse.

 The 5 min QQQ saw very little action (positive) from yesterday, the leading negative divergence here shows a clear change in character and quite strong, at the right spot as well.

 QQQ 10 min longer term, just to show the longer term chart even shows this last move as a distribution move which is what is was always expected to be going back in anticipation of this move , what? 4-5 weeks ago?
 We are also leading negative here. If I had to take a position and not look for a month, I'd certainly take this one short.

QQ 30 min shows a very clear change of character, heavy distribution out this far...

I'm trying to get other charts as well as trade ideas and quality/risk control all going at the same time in fast (information) moving market.