Summary
The Nasdaq 100 (QQQ) rebounded to its 21-day exponential average and a 50% retracement of the recent pullback on Friday, and then stalled. As long as the index does not make a lower low, the next and more-important resistance is the breakdown level up at 435 — which is also a 61.8% retracement and the location of the 50-day moving average. The two most-common pullbacks are a
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