Nasdaq (QQQ) Breaking Below Key Support


Intraday the Q’s took a bit of a hit today. On the daily it is finding support at the 50-day moving average. 

But when you zoom in on the 30 minute chart, there is some weakening taking hold and with the break below $104, there is a good chance that we see at least a test of $102-103 before the end of this week. 

Here’s the support violation:

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