$QQQ (Nasdaq 100) – Similar Range Breakout From July 2022 May Be
The tech-heavy 
QQQ gained +0.74% for the week. Similar to 
SPX, QQQ rebounded via finding support on its rising 10-day moving average.
The support level to watch forQQQ this week is revised up to 274, undercutting its current rising 10/20-day moving averages.
Bull Case: Reclaim above 293 the immediate classical resistance.
Bear Case: Breakdown of 274 level, undercutting its current 10/20-day moving averages.. The next support level is at 260.
QQQ gained +0.74% for the week. Similar to SPX, QQQ rebounded via finding support on its rising 10-day moving average.The support level to watch for
QQQ this week is revised up to 274, undercutting its current rising 10/20-day moving averages.Bull Case: Reclaim above 293 the immediate classical resistance.
Bear Case: Breakdown of 274 level, undercutting its current 10/20-day moving averages.. The next support level is at 260.
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