Similar to SPY, the QQQ is very close to a major pivot in my opinion. Those that are liquid might start nibbling here...but I will be buying all the way down to my tgt zone on this chart and then expect to hold for a few months while the "blow off top" happens. It will shock most and then of course...will dump on them as they become convinced that it will go on forever. I am expecting a 30% plus move in a very short time frame!