This bounce into the 425.22 resistance where the Q’s have stalled so far today (basically same level as posted on the daily chart earlier) still offers an objective short entry/add-on (preferred) as would any additional push up to the next two resistance level. Previous (yesterday’s) and updated 60-minute chart, with the solid arrows highlighting my preferred scenario, below.
QQQ 60m April 22nd
QQQ 60m April 23rd
For futures traders, /NQ (Nasdaq 100 futures) offers an objective short entry on this bounce back to the 17600ish resistance (preferred entry) as would any continued push up to the 17800 and/or 18050 resistance levels as shown on the 120-minute chart below.
NQ 120m April 23rd