QQQ poised to start the week trading at the same 280ish resistance/target it was capped at last Thurs & Fri in the pre-market session, offering yet another objective short entry for a pullback trade with stops somewhat above (depending on one’s target) & ideally on at least one 60-minute candlestick closing basis. Ditto for those looking to go long on a break above 280 (best to wait for a solid 60-minute close above as a whipsaw seems likely). 60-minute chart below.
QQQ Continues To Test Resistance 1-17-23
Share this! (member restricted content requires registration)
7 Comments