$QQQ Nasdaq 100 Index hit the bottom end of the weekly Cloud Chart & August'24 lows last week.

 $QQQ Nasdaq 100 Index hit the bottom end of the weekly Cloud Chart & August'24 lows last week. Futures indicate that the index will hit the April'24 low as well as getting closer to the 50% FiB retracement target 16325, with 16000 & 15932 as the targets after that! Keep an eye out for the interaction of the Cloud Chart Lagging Line with the top and bottom end of the Cloud to signal that the bear rally is about to hit major support zones! Critical week ahead!