Get ahead for Wednesday May 12, 2021

Got a big gap down and rally to fill the gap in the QQQ today. Many oversold tech names closed well in the green but this may have been just a dead cat bounce before the selling resumes. There are a few names that could be solid plays on the long side no matter what direction the indices chose tomorrow. As for the tech names that rallied today like ROKU and SQ, they could possibly be short especially if they gap up because they are still under their lower trendlines and in between their 50ma and 200ma.