$QQQ Target $340

The QQQ fund is looking pretty bearish here, continually making lower lows on the shorter timeframes. Today we saw rejection out of an important resistance area and also asserted ourselves below the ichimoku cloud. I am targeting the $340 dollar zone for this move, as that is the previous resistance and the 50% retracement. Good Luck!
Chart PatternsTechnical IndicatorsmarketcrashQQQSPDR S&P 500 ETF (SPY) Trend Analysis

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