QQQ Short-Term Sentiment WashoutQQQ/VIXNASDAQ:QQQ/CBOE_DLY:VIXpakoumalSteep one-day drawdown + fear spike often precedes short-term rebounds & so long as $585 holds, the setup favors a reflexive rally back toward $605–$610 585–$600 is the active panic zone; heavy selling & volatility expansion Next major support is $560–$570 which is the base from spring, if this breaks, larger correction risk Resistance 1at $605–$610 is the first bounce target/prior floor Resistance 2at $620–$625 is the intermediate target if rally extends multiple days This looks more like a sentiment flush than the start of a prolonged bear move (at least for now) so confirmation signals to watch Monday QQQ futures (NQ) green premarket +0.5% or more VIX down 5–8% Mega-caps (NVDA, MSFT, AAPL) showing strong premarket bids RSI divergence or a hammer candle near $585–$590 intraday