Price action on QQQ this week has established a range following the potential false breakout of the past All Time High. This morning's dip touched a level that was the 50% retracement of the prior weeks' move that was also Resistance turned Support. Breaking above 304 or below 298 is going may define the move going into the end of the year.
50retracementnasdaqQQQStocksSupport and Resistance
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