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Potential Pull back for the QQQs

Potential Pull back for the QQQs

With the pundits calling H1 to be uncertain with the backdrop of interest rates and recently missed earnings from a tech giant, these are potential pull backs for $NQ in various bearish pull back scenarios each visiting critical moving average support.

Revisit SMA 100 @ 14,000 with a -15% pull back in Jun-22
Revisit SMA 150 @ 12,500 with a -25% pull back in Jul-22
Revisit SMA 200 @ 11,000 with a -35% pull back in Aug-22 (less likely scenario)

Pure analysis, no position and not investment advice.

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