Quite the round trip: QQQ fell over 2% and went on to hit & reverse off the uptrend line price target following the short entry highlighted earlier today followed by the typical reaction. QQQ now headed towards another backtest of the TL & 452.40ish resistance where it will offer the next objective short entry, re-entry or add-on (ideally, just below) for the next leg down although that will have to be continued tomorrow. Previous (this morning’s) and updated 15-minute chart.
QQQ Hit & Bounces Of Trendline Target, Approaching Resistance 5-31-24
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