It's a very interesting level to watch, QQQ/SPY

This is QQQ/SPY chart, currently sitting at 50% fib level and neckline for the previous double top.

Possibility A: QQQ/SPY breaks through the resistance, QQQ will keep outperforming SPY (If QQQ declines less than SPY, it will still print a positive gain on this Chart)

Possibility B: QQQ/SPY pulls back from the neckline and fib level, QQQ will lose its advantage against SPY.

Just a very interesting Chart I want to share.