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SPY & QQQ Key Zone to watch

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Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)  
ArcadiaTrading  
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) QQQ S&P 500 (SPX500) SPX (S&P 500 Index) nasdaq SOXS SOXX SMH SQQQ
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trendanalysis chartpattern indicator spy qqq spx500 spx nasdaq soxs soxx smh sqqq
- Does QQQ hourly oversold mark the bottom of the daily consolidation low or bear take it lower tomorrow?

- March 28 hourly oversold on QQQ marked the bottom of that consolidation and we had a large bounce.

- SPY closed around yesterdays lows which is in the resistance zone

- took profit on my SOXS this morning re-added on the hourly bounce. SMH/SOXX still weaker then QQQ

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