Comments on: QQQ Bounce Target Zone https://rightsideofthechart.com/qqq-bounce-target-zone/ Stock Trading, Investing & Market Analysis Thu, 06 May 2021 18:37:54 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/qqq-bounce-target-zone/#comment-21976 Thu, 06 May 2021 18:37:54 +0000 https://rightsideofthechart.com/?p=204246#comment-21976 In reply to Marc.

Good question. That 13702 former support, now resistance on /NQ aligns with the 333.94 (334) resistance on QQQ, hence the reason I’ve colored both lines yellow recently as both those were the levels needed to break below to trigger the sell signal on /NQ & QQQ. If you look at both charts, you’ll see the two reaction lows on both /NQ & QQQ from 4/21 & 4/22 touch those support/resistance levels.

]]> By: Marc https://rightsideofthechart.com/qqq-bounce-target-zone/#comment-21967 Wed, 05 May 2021 15:56:31 +0000 https://rightsideofthechart.com/?p=204246#comment-21967 Randy would the bounce target on NQ be the same as yesterdays chart showing support at 13702?

]]> By: rsotc https://rightsideofthechart.com/qqq-bounce-target-zone/#comment-21966 Wed, 05 May 2021 12:46:32 +0000 https://rightsideofthechart.com/?p=204246#comment-21966 I should have added that the bottom of the April 1st-5th gap around 324 would be my minimum downside target, should QQQ take another leg down soon, with the potential for a much larger correction, if so.

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