Comments on: QQQ & SPY Resistance Levels & Potential Bounce Targets https://rightsideofthechart.com/qqq-spy-resistance-levels-potential-bounce-targets-2/ Stock Trading, Investing & Market Analysis Sat, 02 May 2020 00:28:38 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Dean Drummond https://rightsideofthechart.com/qqq-spy-resistance-levels-potential-bounce-targets-2/#comment-11842 Mon, 08 Oct 2018 20:02:53 +0000 https://rightsideofthechart.com/?p=188286#comment-11842 In reply to Dean Drummond.

Actually, just decided to re-short /NQ here at 7377.25 just before the close to go back into a swing position to take home as I think the upside risk on a short position from here (just over 1% most likely) is overshadowed by the downside gain potential 3%+.

]]> By: Dean Drummond https://rightsideofthechart.com/qqq-spy-resistance-levels-potential-bounce-targets-2/#comment-11841 Mon, 08 Oct 2018 19:59:03 +0000 https://rightsideofthechart.com/?p=188286#comment-11841 SPY just hit 288.22, 1 cent shy of my 288.23 resistance level, potential bounce target. Closed my /NQ long bounce day trade here & will sit back & watch before re-entering short again. 15-min chart:

]]> By: Dean Drummond https://rightsideofthechart.com/qqq-spy-resistance-levels-potential-bounce-targets-2/#comment-11840 Mon, 08 Oct 2018 18:53:37 +0000 https://rightsideofthechart.com/?p=188286#comment-11840 The shaded area is my preferred bounce target zone for /NQ although a push up to this 7533.50 resistance level is possible. /NQ 15-min chart:

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