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MichaelMF
Apr 28, 2020 10:40 PM

QQQ possible dump incoming 

Invesco QQQ Trust, Series 1NASDAQ

Description

QQQ is sitting just shy of resistance at 216ish. Up AH rn on Goog pumping. If It can't break this 216 (in purple, expect to see a drop back down. This will all depend on how tech is received and if Goog keeps pumping tomorrow.

$187 could offer some support if we tank going back a ways.

Also watching that RSI at 62.14 to see if it offers resistance.

Not advice just observations.

Comment

If it can hold the current levels tmrw, could gap fill 230 in the next week or so.

Comment



Back on track to drop. Watching for weekend news that could be bullish otherwise shorting at open and letting it ride.
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