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NASDAQ 100 Hits Key Support, Expect A Bounce

By InTheMoneyStocks.com (Gareth Soloway)ETFsOct 11, 2018 02:46PM ET
www.investing.com/analysis/nasdaq-100-hits-key-support-bounce-expected-200348074/
NASDAQ 100 Hits Key Support, Expect A Bounce
By InTheMoneyStocks.com (Gareth Soloway)   |  Oct 11, 2018 02:46PM ET
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-2.09%
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QQQ
-2.02%
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Take note of the Nasdaq 100 as seen in the QQQ hit a major support on Thursday. And that should start a near-term bounce higher. Look for the QQQ to trade back to as high as $180 before the next leg lower.

Invesco QQQ Trust ETF
Invesco QQQ Trust ETF

NASDAQ 100 Hits Key Support, Expect A Bounce
 

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NASDAQ 100 Hits Key Support, Expect A Bounce

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Comments (1)
Dante Valerian
Dante Valerian Oct 11, 2018 2:54PM ET
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Blew right through your support.
Dante Valerian
Dante Valerian Oct 11, 2018 2:54PM ET
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QQQ tore through your support by 2% today, and closed below it. Nice job, genius.
 
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