QQQ.

Looking at the lower time-frames we are also now breaking down from uptrend in early August.

Also, we have now turned former demand back into new supply on which to be a false breakout above $515 - $520.

Risk for shorts should now be a reclaim of this uptrend & supply back into demand at $515 - $520 with a weekly close above therefore invalidating.

Next big area of demand is at $495 - $500.

$QQQ