QQQ (Nasdaq 100 ETF) looks primed for a 1 – 1½% drop over the next few trading sessions following this 15-minute divergent high & over-extended run. There’s a decent chance of a reaction off 161.58 but I favor a move down to at least the 160.82-160.12 support zone. /NQ (e-mini futures) pullback target 6615/6616. 15-minute chart:
QQQ 15-min Jan 8th