Based on technicals, QQQ looks ready to consolidate gains. Major support lies at $291, then $286, then $281-$282.
Critical support at $274 and $278 based on Fibonacci proportions.
Unless FOMC comes out hawkish and squishes the rally, the measured move target for the rally might be $303-$316. Those levels also coincide with the VWAP from Covid lows (2020) and from the all-time high in November 2021
