$QQQ Analysis

QQQ has been trading in sideways range since making an all time high at $408.71. If $380 can hold, there is a good chance we get a retest of upper levels. With that being said, these levels play both ways. QQQ below $380 would be a great short and I will certainly be watching for this opportunity if it presents itself.

Support: $380.00, $378.00, $370.00

Resistance: $386.00, $397.20