trading sideways for sometime

239
Hello All,

The QQQ is in a bull market and has busted through a crucial resistance at 400 during this santa rally.
Will we continue up or will we have another correction to the 380 level and back to the 100 day SMA? I want to see a pullback to the 200 SMA as the QQQ has been on a tear
Has the 400 level become the support? In the hour shot it looks like a pull back is happening. Will continue to monitor and update

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