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Invesco QQQ Trust, Series 1
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30 Mar 2023
$QQQ BULLS Continue but at KEY Resistance, PCE Data tomorrow
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- SPY QQQ gapped up again but ended up closing within todays trading range, unlike yesterday bulls have a strong follow through after open.
- PCE Data tomorrow morning 5:30am PST
- QQQ closed around key daily resistance.
- End of the quarter and month rebalancing tomorrow will bring lots of volatility
- Will XLF / KRE join team bull or QQQ / SMH join team Bear?
- i am slightly more bearish at this level but so far theres no red flags for the bulls at all for QQQ SMH SOXX
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