QQQ came close, but not close enough IMO, to my initial preferred swing target of the April uptrend line. As such, any half-decent rallies, such as today’s gap up or a push into the 487ish resistance, will offer objective add-ons as would any additional thrust up to the next resistance levels shown on this 60-minute chart.
QQQ 60m July 18th
Likewise, /NQ has come close but not close enough to my trendline target with another thrust down still likely, even a potential bear flag forming that could take /NQ right down thru the trendline. Purple arrow shows measured target, should the bear flag trigger a sell single with /NQ blowing past the trendline.
NQ 60m July 18th