QQQ Pullback Then 103 Here we Come in November

5 Kas 2014

QQQ will be pulling back to 99.71 as momentum drops off for a bit but as it does this it will become oversold and hit a major support. Expect QQQ to break through 102 in the next move up after bouncing off support. I would be surprised to see another dip past 99.71 so soon after a 10% pullback. Market will most likely go higher for a little while.