QQQ 60 minute March 12th

QQQ 60 minute March 12th

The Q’s hit the bottom of the Feb 12th gap (T2 was placed just above the top of that gap to be safe) bouncing from there, as would be expected on gap back-fill following a relatively sharp decline to support.

The most likely bounce targets would be the former T1 area & then the bottom of the March 10th gap around 107. This bounce off the 60 minute final target should provide a nice short entry/re-entry for the next big move down the T1 daily swing target (100.09).