QQQ has rallied into the key 269 resistance with /NQ at the comparable 11100 resistance & the odds for a reaction elevated at this time, even with a brief momo-overshoot. Should QQQ continue higher, the next decent resistance comes in around 275.25.
QQQ 60m Oct 13th
/NQ has rallied into the first 11100ish resistance with QQQ at the comparable key 269 resistance with a reaction likely here although a brief momo-overshoot is likely due to the strong upside momentum into this level. Remember, how the indexes close today (daily candles), as well as tomorrow (weekly candles), should help to provide us with some clarity as to whether this is the start of a new, swing tradable uptrend or simply another in a long line of bear market rallies.