ArcadiaTrading

$QQQ BULLS Continue but at KEY Resistance, PCE Data tomorrow

Short
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
- SPY QQQ gapped up again but ended up closing within todays trading range, unlike yesterday bulls have a strong follow through after open.

- PCE Data tomorrow morning 5:30am PST

- QQQ closed around key daily resistance.

- End of the quarter and month rebalancing tomorrow will bring lots of volatility

- Will XLF / KRE join team bull or QQQ / SMH join team Bear?

- i am slightly more bearish at this level but so far theres no red flags for the bulls at all for QQQ SMH SOXX

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