The tech sector ahead of a new month
Nasdaq posted its best month in July since 2020. Better-than-expected earnings from the tech giants helped the 
QQQ clear $300 for a rally up to $316. The market is currently overbought so a few inside sessions will create a better set-up for the next leg higher. In case 
AMD delivers a strong report tomorrow, we expect the QQQ to continue higher. If it manages to clear $317.5 we have a clear path to $330 for this month. For support, $312-314 is the first line in the sand between the active bulls and bears
QQQ clear $300 for a rally up to $316. The market is currently overbought so a few inside sessions will create a better set-up for the next leg higher. In case AMD delivers a strong report tomorrow, we expect the QQQ to continue higher. If it manages to clear $317.5 we have a clear path to $330 for this month. For support, $312-314 is the first line in the sand between the active bulls and bears
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