$QQQ - Price Action is Fighting at $480

SmartReversals
10-04

$Invesco QQQ(QQQ)$ - Price Action is Fighting at $480

That S/R level is acting well as support, anyway the 5DMA in confluence with 10DMA continues as the main hurdle. Anyway, it's interesting that the StochRSI is close to oversold levels already, price has been resilient for two days.

A narrow zone will define the path for tech:

  • Bullish above $484

  • Bearish below $480

$NVIDIA Corp(NVDA)$ is keeping this index high, Jensen did a good job today. We need more NVDAs in the market, other big guys reported recalls today and fell -3%

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$

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  • LEESIMON
    ·10-04
    🩷Good
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