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QQQ Rebounds at $480.25 Support Level

Yesterday evening stock market futures was green, and this morning QQQ is forming a bullish rebound at a local support level around $480.25. There has been a lot of red since Thursday Sept. 26, but I wouldn’t feel comfortable trading stocks in either direction. There’s too much uncertainty at the moment with so much going on in the world. Bears would like to see QQQ lose support at $480.25. The price action is trading within a range between $480 and $488.

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