QQQ looks toast - 375ish.

Big bear rising wedge, spike high reversal day, heavy volume. the morning began with flight to quality (AAPL, MSFT), and they all turded out as well. High multiple names and shitco's slaughtered (SNOW, ASAN, NET, etc.). Seems there is a high chance of a very big smackdown coming. Could see a tepid bounce in the AM, but with another treasury auction (~50B of 7 yr) there is a good chance we get raped by closed. Looking for 375, probably over the course of the next 2-3 weeks.