$QQQ Premarket Plan — Tue 9/16
Closed 591.68 |
Upside Levels
590.66–590.96 (immediate pivot)
591.66 (weekly exhaust marker)
592.35–592.87 (reaction band)
594.61–595.71 (key topping zone)
596.67 (major weekly exhaust)
596.62–597.86 (upper resistance)
599.46–601.36 (outlier extension)
Downside Levels
589.50–588.71 (first support band)
586.82–586.68 (daily pivot)
585.36–585.17 (secondary support)
583.90–584.00 (reaction zone)
582.24 → 581.87 (continuation levels)
579.87 (downside target)
575.92 (deep support)
Actionable Setups (contracts 9/19, 9/26)
– Over 592.35 hold →
$QQQ 595C (targets 594.61 → 596.67).
– Over 595.71 breakout →
$QQQ 597C / 600C (targets 597.8 → 601).
– Fail/reject 592.3–592.8 →
$QQQ 590P (targets 589.5 → 586.8).
– Break under 588.7 →
$QQQ 586P / 584P (targets 586.8 → 584.0).
– Under 583.9 = momentum opens →
$QQQ 580P (targets 579.8 → 575.9).
Outlook
Price is sitting inside a major exhaustion band (591–596). Holding above 590.9 can fuel a final push into 594–596, but rejection here risks a deeper retracement into the 586–584 structure. This week could confirm a short-term top if 595–597 rejects.
⚠️ Weekly exhaustion conditions active — scale into wins, don’t overstay
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