07/09 QQQ Levels and ATR Ranges

Big Pappa Pump is talking this morning, QQQ ATR is at 5.16$

We got big reports happening on Thursday, but other than that the reports are pretty weak. Looking for a pull back and bounce round 497.39 as low at 496.03 if we pull further I am really looking for the bounce around 495.50 yesterdays low of the day.

If we get upside action we are certainly going past 500, especially if we pop past 499.50 with volume and price action the BIDs gotta pull waaaay past the ASK - possibly 502.70 area before we go back to test 498.59.

SCALP
SR2 500.60
SR1 499.93
SPOP 499.26
LAST PRICE 498.59
SBREAK 497.92
SS1 497.25
SS2 496.58

STANDARD
R2 505.30
R1 502.72
POP 501.17
LAST PRICE 498.59
BREAK 496.03
S1 494.00
S2 492.64