TGC_Trade

QQQ Potential Resistance - April 1, 2021

Corto
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
We're currently and potentially completing the bull leg of this current run. After the rebalancing and rotation back into the technology sector, there's money outflow going out of the market in the past couple of days (aka profit taking). While there's a probability that we'll shoot up to $QQQ 330 to fill the gap, there's an equal chance that we'll start a pullback here as well. I'm back shorting the market through QQQ this time with a logical stop above 330.
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