QQQ has been trading just above the 189.69 gap support all morning so far with a solid break and/or 30-minute candlestick close below that level (favored) likely to spark a partial or full fade of today’s likely gap while a successful defense of that level could bring the Q’s up for another test of the 193.43ish resistance level.
QQQ 30m April 6th
Likewise, SPY has been trading on the 256.44 support (the top of the April 1st gap) all morning so far. A solid break and/or 30-minute close back below that level (favored) would likely trigger a partial or full fade of these pre-market gains while a successful defense could mean another test of the key 263.20ish resistance level.
SPY 30m April 6th