blloyd

#NASDAQ $QQQ headed for 50% retrace to middle of weekly BB

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ looks like it has put a bottom in and headed for a 50% Fibonacci retrace to $165.5. We should now find support at $154 prior to a run higher over the coming weeks.
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.