Looking at the QQQ chart, 313.26 is the 0.382 fib of the December 2021 high to the October 2021 low. Also 313.27 is 0.736 fib of the August 2021 high to the October 2021 low.
So it will be tough for QQQ the break above 313, at least at the first attempt. If it does go higher, we could be in for another rally.
So it will be tough for QQQ the break above 313, at least at the first attempt. If it does go higher, we could be in for another rally.