QQQ has struggled to hold above the white zone, but continues to make progress to the upside. The price is trading above the white zone again, and there has been strong resistance here. With every move down QQQ rebounds back up again. I have $503.35 as my key resistance target on the way up, and $488.50 as a support level at the yellow trendline if QQQ trends down. I think there should be some swings up and down throughout the week.

QQQ had a bullish daily candle close above the white zone. QQQ has struggled to close above the white zone with bears pushing the price down each time. However, we now have back to back daily candle closes above the white zone. There’s little progress in both directions, bulls and bears are pushing the price back and forth here.

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