While a solid break and/or 60-minute close below the 313ish support still remains the next “sell signal” on QQQ, this bounce back to the 318ish resistance can certainly be considered an objective short entry as well as there are essentially two types of ‘objective’ short entries; A break below support and/or a rally up into resistance. 60-minute chart below.
QQQ Approaching Resistance 4-13-23
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