Sunday Prep 8/01 - $NQ/$QQQ Like to see a retest of $14000
Still would like to see a retest of that 14000 level.
Weekly chart shows just how beautiful that level would actually be. If we get that pullback, I would be very interested in looking for strong tech stocks holding nice levels of support for possible longs. Till then I won’t be thinking too much about starting any new long swings. But I will still take day trades on both the long and the short side. Monthly pivot up around 15300 is the first area of resistance.
Weekly chart shows just how beautiful that level would actually be. If we get that pullback, I would be very interested in looking for strong tech stocks holding nice levels of support for possible longs. Till then I won’t be thinking too much about starting any new long swings. But I will still take day trades on both the long and the short side. Monthly pivot up around 15300 is the first area of resistance.