$QQQ The Nasdaq is at a Critical level

QQQ at a Critical level

QQQ is at a critical level just above the 35 EMA. It's really easy to see how to 35 EMA defines either the app or the downtrend depending on whether we are above or underneath it. Watching this level carefully as this could be a place where the market rolls over for a long overdue touchdown with the one week 200 moving average currently at 352.
Chart PatternsTechnical IndicatorsTrend Analysis

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