A Fibonacci confluence !
As you can see from this Weekly chart, the $QQQ broke out of its ascending triangle to continue its uptrend and hitting yet again another all time high.
The RSI remains in a bull range and has still some room into the overbought territory.
So where do we go from these levels ?
Well, the Fibonacci extension from the 2015 high to the 2016 low says $149.58 before $183.41 ...
Now here's the interesting part...
The Fibonacci extension from the 2000 high to the 2002 low says $182.76 ... that is indeed two targets less than a dollar apart from each other but based on a calculation 15 years apart !
Don't you just love technical analysis !?