$QQQ - What will it be?NASDAQ:QQQ seems poised for an upward move, with tomorrow's non-farm payroll data set to determine its direction. The MACD indicator is currently at a crossroads.
It is trading within a descending wedge pattern. If it can maintain support at $353, there's potential for an upward move.
However, a break below $353 could lead to a drop to the $330 area.