The "Support & Resistance Report" identified an area of "Gathering Resistance" between $39.85 and $39.91 going into Tuesday's trade, and so it was found to be.
After printing a high of $39.88, the QQQQ fell to a subsequent low of $39.29.
For a visualization of Tuesday's area of 'Gathering Resistance', see the Daily and 5-Minute Charts of the QQQQ:
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