QQQ
Daily 15min Chart Report
QQQ broke support at 397.16 earlier in the day and found support at 393.16. In the power hour QQQ rallied to the previous support which is now resistance at 397.16. It did get a rejection at that level as expected. QQQ can head back down to 397.16 to make a potential double bottom or it can break 393.16 and head lower. As of now the chart is bearish.
QQQ broke support at 397.16 earlier in the day and found support at 393.16. In the power hour QQQ rallied to the previous support which is now resistance at 397.16. It did get a rejection at that level as expected. QQQ can head back down to 397.16 to make a potential double bottom or it can break 393.16 and head lower. As of now the chart is bearish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.