📈 QQQ Price Action Recap & Tomorrow’s Outlook
1. **QQQ opened with a gap above the weekly R3 pivot level**, signaling strong bullish momentum at the start of the day.
2. **It retraced intraday, testing R3 as support**, which held firmly through the session.
3. **R3 is now acting as a key support zone**, reinforcing the bullish bias.
4. **Volume picked up significantly in the final hour**, suggesting renewed buying interest.
5. **Based on current price action and momentum, I anticipate further upside tomorrow.**
📝 **Chart Notes:**
- I'm using **Camarilla weekly pivot levels** for reference.
- At the bottom of my chart, you'll find the **Stochastic Momentum Index**, which adds context to the trend strength and potential reversals.
Warning: This idea is published for educational purposes only. Please do your research before taking any position.
1. **QQQ opened with a gap above the weekly R3 pivot level**, signaling strong bullish momentum at the start of the day.
2. **It retraced intraday, testing R3 as support**, which held firmly through the session.
3. **R3 is now acting as a key support zone**, reinforcing the bullish bias.
4. **Volume picked up significantly in the final hour**, suggesting renewed buying interest.
5. **Based on current price action and momentum, I anticipate further upside tomorrow.**
📝 **Chart Notes:**
- I'm using **Camarilla weekly pivot levels** for reference.
- At the bottom of my chart, you'll find the **Stochastic Momentum Index**, which adds context to the trend strength and potential reversals.
Warning: This idea is published for educational purposes only. Please do your research before taking any position.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.