The 30-minute charts of QQQ, SPY, & IWM below list potential bounce targets, should the market rally today, as I suspect. As I don’t have the highest degree of confidence that the market will continue to hold above the key support on the /NQ 60-minute chart that it has been testing all week (which obviously, would not good for the market if yesterday’s lows are taken out with conviction), I’m only passing these along as unofficial trade ideas for those interested. As always, pass on trades that do not mesh with your risk tolerance, trading style or outlook for that particular security. Also, keep in mind that the market is likely to experience some very sharp rips & dips due to the fact today is quadruple witching.
QQQ, SPY & IWM Price Targets
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