Possible Big Drop Monday

In looking at the technicals of the QQQ. I am seeing that the correction will continue and there is going to be more bloodletting.

As you can see above, the cubes are still trying to scramble to find a bottom. There is no bottom near where they are at, and the price of oil is telling me that there is weakness in the global economy because there is not enough buyers for the amount of oil they are producing.
I think that we are going to have a drop, then a climb up, then a BIG drop. For now, however, I would not get into anything long for the next week or two. Shorts? Fine. Puts on something? Great. Nothing long.
We hold ONTY and tommorrow we see what opps there are during the day in the market based on the news.

Until then,
Mark