QQQ and SPY thoughts
Thoughts at open
QQQ: ~$4 opening gap above, some of which may fill. Potential to the upside: 754.15, 754.77, 755.74 (stetch), and 756.72/above (super stretch). Potential to the downside 753.16 ,752.41, 752 (stretch), 751.75/lower (super stretch)
SPY: opening gap $2 above, some of which may fill. Potential to the upside: 775.17, 775.78 776.47 (stretch), 777.17/above (super stretch) need to see what price does at that level (last session close), needs to find support there for longs. Potential to the downside: 774.32, 773.61, 773.12 (stretch), 772.50/below (super stretch)
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Ron Redmond
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QQQ and SPY thoughts
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