Pavlo Kot

Mapping out QQQ levels helps prepare for trades, Scott Redler notes

Mapping out QQQ levels helps prepare for trades, Scott Redler notes
Potential W pattern drawn for QQQ

Scott Redler, Scott Redler, said he discussed the potential for a “W” pattern on the QQQ ETF while appearing with Adam Mesh on Benzinga.

Redler added that mapping out levels and looking ahead can help people prepare for potential trades.

Redler recently identified QQQ's tests of its 200-day moving average and highlighted $687 and $671 as key price levels to watch in a prior analysis. He also drew attention to an upcoming earnings week for several major firms, including TSLA, NFLX, and META, in a separate report. These observations build on his continued focus on technical setups and market activity.

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