From my side I was long on QQQ following the elected weekly reversals from April 1st till April 25th. I was shaken out at the beginning of May, but closing winning trades ( I did NOT wait till a bearish reversal has been elected!). Since that time I am out, so far we have neither elected a new bullish reversal nor a bearish one on Nasdaq, so I will wait and see what is the closing on Friday. If it is below the bearish one (what I expect) I will go short, looking also for the 1% Rule.  We will see :-)