US Markets - Downside target for the QQQ

publication date: May 12, 2021

Given our cautious stance on the market, as noted in our weekly Technical Tuesday report, we received a few questions from clients asking for downside targets in the QQQ. We have an overlap of targets with our Money Flow Unit (MFU) and MOB target band, and there is the 200-day between both levels. The chart below shows this target zone of $300 - $305.

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