$QQQ TOP 20
Added 2024-09-11 11:44:02 +0000 UTC$QQQ managed to hold support exactly on the 0.618 Fib on Friday and has bounced now
In all scenarios, $QQQ can still bounce back up to the wedge line and the 50 Day MA at $473
If CPI comes in line with estimates today then I think the market will get a relief bounce
Price also held above the 200 Day MA on Friday too
I think a retest of the wedge and 50 Day MA is suitable for all possibilities now.
