$QQQ Analysis, Key Levels & Targets

What a crazy day. We had CPI in premarket today then we kept up and we took it past all-time highs to the top of the implied move to the top of the implied move on the next day so we close just above 5 cents above 580

Volatility got crushed today VXN down -7.32 destroying options and shorts betting on downside

DID YOU SEE the bounce on the 35EMA by the way??

I do believe that tomorrow we will be trading under 581. Thursday we have PPI and because we're in an in between day tomorrow I think we might be a little bit more flat also look at how high up that 35 EMA is within the training range

(HIT GRAB THIS CHART - UNDER THE CHART NEXT TO THE 🚀)