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Bullish Gap and Selloff for QQQ

QQQ opened today’s daily candle with a bullish gap higher and immediately started to selloff. There was a bullish rebound from the lows of the white zone, but QQQ continues to face resistance above the white zone as well. I would give QQQ some time to find a direction, but I think overall the short term trend has been bullish with a gradual rise over time.

Bearish close for QQQ. The price is struggling to rise above the white zone.

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