Pictured above are QQQ, FNGD, DRIP and SOXS.
Significant selling is taking place. You don't need indicators, lines, or any other form of TA to see it.
Be extremely cautious here. Upside is limited, downside is quite high.
Catalyst was the fed boomer speaking the other day, the boomers have moved the market to large degrees frequently.
My positions atm are soxs fngd and drip