AheadoftheNews Blog

A blog on market moving news and futures trades.

QQQQ hit my next support at 36.08, 38.2% projection June. Those fibs can be pretty accurate. With option expiration next week and all those puts above us, I would not want to be short at this point. The reversal could happen very quickly and there is lots of ground to cover on the upside and limited on the downside.
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