QQQ Short-Term Sentiment Washout

65
Steep one-day drawdown + fear spike often precedes short-term rebounds & so long as $585 holds, the setup favors a reflexive rally back toward $605–$610
  • 585–$600 is the active panic zone; heavy selling & volatility expansion
  • Next major support is $560–$570 which is the base from spring, if this breaks, larger correction risk
  • Resistance 1 at $605–$610 is the first bounce target/prior floor
  • Resistance 2 at $620–$625 is the intermediate target if rally extends multiple days

This looks more like a sentiment flush than the start of a prolonged bear move (at least for now) so confirmation signals to watch Monday
  • QQQ futures (NQ) green premarket +0.5% or more
  • VIX down 5–8%
  • Mega-caps (NVDA, MSFT, AAPL) showing strong premarket bids
  • RSI divergence or a hammer candle near $585–$590 intraday


Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.