Comments on: QQQ & SPY Pullback Off First Price Targets Offering Objective Re-Entries https://rightsideofthechart.com/qqq-spy-price-targets-objective-entry/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 18:41:43 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Flanny3 https://rightsideofthechart.com/qqq-spy-price-targets-objective-entry/#comment-9909 Wed, 26 Feb 2020 20:16:32 +0000 https://rightsideofthechart.com/?p=196052#comment-9909 Thanks Randy, gotta wait for the physician in chief’s report…

]]> By: rsotc https://rightsideofthechart.com/qqq-spy-price-targets-objective-entry/#comment-9906 Wed, 26 Feb 2020 20:00:48 +0000 https://rightsideofthechart.com/?p=196052#comment-9906 Market still feels heavy as the initial bounce off the 216.20 support/buy-point was very muted. QQQ fell back after the minor bounce & is currently testing that level once again, still offering an objective long entry with stops somewhat below.

If QQQ & the FAAMG stocks can hold or build on the current gains, that should help reduce the amount of forced margin call selling heading into the close today. Should the Q’s solidly drop below yesterday’s & today’s lows, that would likely usher in more margin calls as well as hitting the stops set just below. Still favoring the near-term bullish scenario although not crazy about the lack of buyers on the pullback off that first target, so far, and open to anything the charts bring. Updated 1-min chart below.

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