As DXY starts to rise from the 90s level, I am not too confident with Nasdaq, and of course the tech ETF QQQ. As Dollar Index's long-term inverse symbol, QQQ is forming an ascending wedge from a technical perspective, and less QE would not favor tech sectors, in my opinion. I am looking for a quick 3-5 % retracement very soon. A safe TP should be around 330.
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