Market Sell-off: Key Levels for S&P 500, QQQ, and More

Summary

Today's market is experiencing a significant sell-off, with the S&P 500 and QQQ heading lower while oil prices rise. For the S&P 500, a key level to watch for a potential downside move is $723.81, though an aggressive entry could be at the gap at $731.34. A confirmed break and retrace could target $697.20. In the QQQ, a break below trend lines could signal a major sell-off, with a potential target of $637.33 after a retrace. US oil is pushing higher, with resistance at $147.61 and further resistance at $151.26. Intel is also down significantly, with potential support at $113.10 and a more conservative entry at $109.62, but a sustained break below trend lines could indicate a top. Other stocks like STX, SanDisk, Palantir, Micron, Celsius, and FLNC are also showing opportunities for trades based on specific technical levels and potential trend line breaks.