Two Places the QQQ Can Run This Week
I was going through the QQQ this afternoon and I found something I had not even noticed. There are two gaps sitting on that chart right now. One above us and one below us, and neither one has been filled. Which matters this week specifically, because we have three scheduled events that can move this market hard enough to fill either one. PMI tomorrow morning, ADP on Wednesday before the bell, and the employment report Friday. And the 10-year just broke out completely. Rates are running and the market is not down anywhere near as much as it should be. Something has to give there. Below I will show you both gaps and the exact levels, plus how to find these on any chart you own. Because once you can spot a gap, you know where price is going to travel to before it starts moving. Not the direction, but