$QQQ Target $340
The QQQ fund is looking pretty bearish here, continually making lower lows on the shorter timeframes. Today we saw rejection out of an important resistance area and also asserted ourselves below the ichimoku cloud. I am targeting the $340 dollar zone for this move, as that is the previous resistance and the 50% retracement. Good Luck!
Related publications
Disclaimer
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.