From daily chart, QQQ is resolving the bearish divergence. Not sure whether it has completed or not. If not resolve, can drop as low as 255 (if lower trend channel line doesn’t hold). Anyhoo, I didn’t close my TQQQ/ QQQ trading position, merely cut down to 30% of previous position.
QQQ peaked on Nov 09 same day as GSPC at 3645.99 (how come you said is 3627 on Nov 16?).