NQ/QQQ Weekly Level (Dec 27-30)

27 Ara 2022

Just a quick post of the NQ. Still watching the small channel within the larger down trend channel. the bottom touches are important. If recent lows do not hold a trip to the Oct 13th low is possible. Below that we are looking at potential move all the way to the 2020 peak. Expect thin trading and unexpected moves. Not a bad time to take a break from trading and focus on resetting for the new year.

29 Ara 2022

Not

Could not regain the channel so move to Oct 13th low is likely. Below that look for support come in at the lower trendline then 2020 peak.