I had a long bias today, which I held all day long, even after the close. My long bias came from the QQQ. I thought for sure it was going to hit an all-time high today.
Those horizontal lines are just some lines I drew as possible downside targets during a down move, but I really didn't think it was going down. I had the wrong bias. Hmm.
Here is a slightly different view of the QQQ. This is the view that looked so promising for new highs today. Hmm.