Tommorrow is the day for QQQ

Todays QQQ is testing a bottom resistance level and tommorrow we are going to see if it blows through this resistance and if we have a real problem:

As you can see the RSI still has some room to drop as well as the MACD. Traders are freaking out about the low oil prices and the weak world economy.
If I had to liken what is happening right now with a traffic light, it would be a combination of red and yellow.
Tomorrow we decide what to do with the market. Tune in tonight for some pics.

Mark