The QQQ (Nasdaq 100 ETF or /NQ, futures) short-term swing trade has just hit the first price target (T1) in the pre-market session. Consider booking profits and/or lowering stops if holding out for T2 or more. Note: The lower uptrend line will now come into play before the 493.50ish price support with either/or still acting as T2. Initial (Tuesday’s) & updated 60-minute charts below.
QQQ 60m May 20th
QQQ 60m May 23rd