QQQ will be pulling back to 99.71 as momentum drops off for a bit but as it does this it will become oversold and hit a major support. Expect QQQ to break through 102 in the next move up after bouncing off support. I would be surprised to see another dip past 99.71 so soon after a 10% pullback. Market will most likely go higher for a little while.
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.