$QQQ on 30min Gap Fill

15 Mar 2023

QQQ has been playing in a range today. Some info to know.

PPI data release was today.

What is PPI data?
The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output.
The prices included in the PPI are from the first commercial transaction for many products and some services.

What is the PPI today?
US Producer Price Index is at a current level of 141.71, up from 140.78 last month and up from 133.65 one year ago.
This is a change of 0.66% from last month and 6.03% from one year ago.

Stats to know looking at the chart.
Resistance: $295.79
Support: $293.78

Please note gap fill for this week.

What are your thoughts?
Thanks,
Kelly