I think the 160 level is key for QQQ to hold. Since we just had a failed breakout to the downside, any upside move will have short panic covering.
If it holds the 160 level this week, I think we will go higher next week (possibly a gap fill to 170).
If it holds the 160 level this week, I think we will go higher next week (possibly a gap fill to 170).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.