QQQ price action today was beyond bullish. Strong bounce off bottom support line that I constructed last night based off the fractals QQQ has been trading on since April. Rejected zone high yesterday, firmly held zone low today. I expect momentum to carry this back to zone high which is the red upward sloping line. Gap up Monday!
QQQ Like I said yesterday, the market would do what it wants to do. You can't come out and categorically say this is where it's going to go in the next few days, weeks, month etc in this Trumpeconomy unless you have an insider information.
QQQ wouldn’t be surprised if we take out some gaps down below before we close above 532, we rejected off critical levels today. Puts may be the move until 487-488