Nasdaq 100 & Russell 2000 Measured Move

Yesterday we looked at the “measured move” target for the SPY which is 115.94. Today we take a look at the QQQQ and IWM objectives. Once again, these are just potential levels where we want to observe price action closely. They are not meant to be literal numbers to exit longs or initiate short positions.

Use the free Fibonacci calculator here HERE

QQQQ

IWM