QQQ closed at 306.2. QQQ consolidated last week as well. QQQ still has failed to clear 310-312, and needs above to set up to test 330 on the longer term. If we do see QQQ above 312, there's not much resistance in the way, and both swings and daytrades can work. QQQ looks to be slightly weaker here structurally, which could be worrying for long positions.