$QQQ Analysis, Key Levels & Targets for Today & Monday

Today’s expected move is between 529 and 537, that is 8.75% move and underneath us we have the 35 EMA with that up gap from Wednesday. It is also paired with the down gap from resistance on Friday, December 27, so we do have a small island gap down at the bottom of the trading range to fill that may not feel today but it will soon Above us at the very top of the training range the red dash line is previous all-time high at 5:39.15. We do have a Read signal line here still but we are trading strongly above the 35 EMA so lean into that for support near 529