QQQ ▼ SHORT · Lost 700 · 697 / 700 / 703 → 690 / 685 / 680Invesco QQQ Trust Series IBATS:QQQMomentum_trade▸ WHY: AMZN missed and is burning cash on capex, INTC guided Q4 way under the street and says the PC slump runs into 2027. chips got dumped in Asia overnight and QQQ is gapping -2.4% under 700. on the daily 700 held 4 times since July - now it's gone, and that floor should act as a ceiling ▸ LEVELS: 715.34 yesterday's close · 700 heavy puts / daily floor (lost) · 686.76 Jul 17 low · 661.14 Jul 29 low ▸ PLAN: I'm scaling in, not going all in at once - tier 1: short here, ~697 premarket - tier 2: add at 700 if the bounce back into it fails - tier 3: add at 703 - last add, no more after that 🎯 T1 690 · T2 685 · T3 680 ✕ STOP 707 (whole position) ⛔ NO TRADE IF: QQQ takes back 703 and holds it - then the gap is getting bought and I'm wrong. not adding above 703, no matter what ⚠ RISKS: ECI at 8:30, month-end flows, a gap like this can squeeze hard in the first 30 min. oil at $117 doesn't help bulls either taking some off at each target, not marrying this one. Not financial advice.