$QQQ Analysis, Key Levels & Targets for Day Traders Feb 11 25NASDAQ:QQQ Analysis, Key Levels & Targets for Day Traders Feb 11 25
So the 35EMA above the 30min 200 is still bullish here. As long as it is above we are still in an uptrend. But they are not far away from each other, we are not trading high above the 30min and 50D and 1D200 aren’t that far away
Moving averages are still pointing up so expect techincal bounces if we get near them… and as far as bear call spreads today I would look to 545/536, and bull put spreads 523/522
Two resistance levels in the upper half, one at 531 and the other is at the top of the implied move at 534.
Let’s go, y’all