$QQQ TOP 20
Added 2024-03-31 14:43:17 +0000 UTC$QQQ is still caught at the 1 Fib here at $444 but still in a position where it can drift up and stay within this yellow channel, not seeing any confirmed signs of a rejection or reversal to the downside just yet......(so continue to have $SQQQ on watch for now)
The 50 Day MA is just below the yellow channel too, so we would need to see this lost and rejected below to confirm that a correction is indeed coming next.
The $SPY chart looks a bit more healthy, so I suspect the weakness from $AAPL and the slower pace from $MSFT and $GOOG has played its part here.
Right now, $QQQ is not a buy or sell for me right now.
