NASDAQ (QQQ) is predicted to continue retracing and potentially fall to previous lows, indicating significant downside potential.
"I think that the NASDAQ Market can continue to retrace and if the NASDAQ Market continues to fall and goes back to previous lows again we're at 520 per share down here at QQQ if you look at the 4our time frame again there's huge downside potential a lot more selling pressure can present itself"