As the stock market has been stuck in a sideways trading range since early December, the market has been more conducive to active trading vs. typical swing or trend trading. As such, I’d figure I’d pass this 5-minute chart for those interested as this pre-market pop back to the 411ish resistance offers active traders an objective short entry for a pullback trade, with stops somewhat above 412-413 (or depending on one’s preferred price target).
QQQ 5m Jan 18th