I don't trust this $QQQ bounce. Thursday it fell 6.5%, its w

TrendDelta2026/11/09 22:06:32

I don't trust this $QQQ bounce. Thursday it fell 6.5%, its worst day since March 2020, on its heaviest volume since April 2025 (130M shares). Today it ran 3.5% (53M) on less than half of that volume. Price tagged the 200 SMA (681) intraday and still closed under it. CPI is tomorrow at 8:30. If it closes back above the 9-day EMA + 200 SMA, I'm wrong. If it fails here, we could see another leg down.

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