QQQ Falling Out of Channel on Quad Witching Day

By SWRLS
Updated
QQQ is down over 1% today and falling out of the channel it's been in since October. It's quad witching today so could not be a coincidence that the market might be changing phases. An obvious spot for support would be the 50 EMA down between $425-$427.
Comment
QQQ fighting back. Bulls and bears pretty even here.
channelbreakMoving AveragesParallel ChannelQQQquadwitchingTrend Lines
SWRLS

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