Today 3 rejections happened for the QQQ
1. We rejected from daily channel resistance
2. We're rejected at weekly 200sma at 274
3. We're rejected at Monthly 50ema at 274
274 is TOUGH
Good chance with snap missing earnings and the sympathy downturns in (GOOGLE,META,TTD)
We could break 366 support.
If we drop below 366 chance are We're will close that gap
1. We rejected from daily channel resistance
2. We're rejected at weekly 200sma at 274
3. We're rejected at Monthly 50ema at 274
274 is TOUGH
Good chance with snap missing earnings and the sympathy downturns in (GOOGLE,META,TTD)
We could break 366 support.
If we drop below 366 chance are We're will close that gap