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QQQ( Nasdaq-100) and SPY (S&P 500) ETF Daily Technical Analysis on Monday , April 10th, 2023

Daily Technical Analysis of QQQ.

 

Daily Technical Analysis of QQQ. Last week QQQ made strong support from 312.81. This support was solid, and the market reacted with a strong pullback, but the market did not see a reversal signal from last week’s movement. Bank holy day market liquidity was low for most of the country to move the huge upward trend. If the market did not move to lack of liquidity, then this week’s market showed its strength to increase. So, we can find short-term sell entry from 319.06 level and stop loss have to 320.37 level and take profit from 315.90. If the market breaks the support level of 314.08 level, the call goes to reversal, and the subsequent support zone maybe 310.00.

 

 

Daily Technical Analysis of SPY (S&P 500) ETF.

Daily Technical Analysis of QQQ. SPY bounce back from the 405.90 dynamic support zone. It is a short-term pullback for market volatility. But the market is at a strong resistance zone of 410.00 to 411.00. For short-term trading, we can short entry from the 410.00 level, stop loss to 411.00 and take profit zone 407.24.

 

Daily Technical Analysis on the S&P 500 (SPY) ETF Friday, March 24th, 2023.

S&P 500 (SPY) ETF Monday, March 20th, 2023 Technical Analysis.

Daily Price Action Analysis On The S&P 500 (SPY) ETF Thursday, March 16th, 2023.

Daily Price Action Analysis on the S&P 500 (SPY) ETF Wednesday, March 15th, 2023

Daily Price Action Analysis on the S&P 500 (SPY) ETF Monday, March 13th, 2023.

 

 

 

 

6 thoughts on “QQQ( Nasdaq-100) and SPY (S&P 500) ETF Daily Technical Analysis on Monday , April 10th, 2023

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