/NQ (Nasdaq 100 futures) and QQQ (ETF) are coming up on the first decent resistance where the odds of a tradable pullback are elevated although we’re still only up just over 1/2 my max. bounce target (~10% vs. ~16%) so less active traders (typical swing) that came into the week long or added on Monday might opt to raise stops to protect profits, sit tight, & ride out any pullbacks for now. Potential pullback targets, should we get a wave of profit taking off these resistance levels, shown at the arrow breaks on the 15-minute charts below. Next targets upside targets, whether we break through this resistance now or later, also shown below.
QQQ 15m April 8th