In the previous idea, I mentioned that the NASDAQ Index will drop to 12K, and yesterday we almost reached that level. 12K support is equivalent to $300 on QQQ ETF. This support level is critically important, because there will be no support until $240-250. In general, it seems to me that the market is already a bit oversold and in the coming weeks there will be a rebound to the levels of $320-340, maybe even 370 (but this is still unlikely). But has my opinion changed that the market will continue to go down? Not yet. Inflation with higher interest rates will play their part and Nasdaq will drop to around 10K within a year. Still, I think it's worth trying to trade this support. I already have a long position @ $300, SL $290, TP $320-340.