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Scott Redler, Scott Redler, Chief Strategic Officer at T3 Live and T3 Trading Group, commented that QQQ has interacted with its 200-day moving average over the past few sessions. He highlighted the importance of the $687 area as a level to hold and noted the $671 gap pivot as another key point to watch.
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Earlier this week, Scott Redler flagged a busy earnings calendar for major names including TSLA, NFLX, META, and LRCX in a market update. He also recently noted that the S&P 500 had maintained the 764 level and was assessing whether it could move through resistance at 772, as outlined in a separate report. These observations come as Redler continues to monitor key index levels and pivotal points.