$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$ SEVE...

$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ SEVERAL SCENARIOS THAT WE CAN VIEW THIS:

1. Earnings Jitter such as in July but without the Carry Trade. Means more downside to go on tech $NVIDIA (NVDA.US)$ 121, for example, $Invesco QQQ Trust (QQQ.US)$ back to 480.

2. Punish late chasers due to $NVIDIA (NVDA.US)$ 140 $Apple (AAPL.US)$ New ATH today profit taking. But if $NVIDIA (NVDA.US)$ holds 128, still good.

3. They're staring to take profit and sell IN TO Nov 5 Elections which would mean more downside to go.