I don't trade off monthly charts but wise to monitor over time.  QQQ already gave a sell signal on daily and weekly charts a few weeks back.  Trade what's in front of you versus forecasting.  Traders put money to work - forecasters don't.   Devise a PLAN around your style of trading.   One thing to note is the weak response in general to good earnings for several big tech names recently.   Respect the prevailing trend/your triggers and adjust accordingly.