NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Daily Report

QQQ looks like it is coming in for a retest of the breakout. The 370 is a key resistance level because that resistance level also aligns with the fib golden pocket. If the price is rejected at 370 then QQQ will head down to the 452 support level. If it breaks the 370 resistance and closes above then QQQ will be done with its correction and head to new ATH's.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.