$QQQ Analysis, Key Levels & Targets for Day Traders
No video again tonight but here is the trading range. Implied move is between 481-488, and the next day’s is much wider so definitely look out for those strikes since we’re above the top of the implied move right now with where futures take it so be careful if we open elevated and don’t get back into the implied move right away, that’s a squeeze setup right there.
Also pay attention that it’s a gap up right into a bear gap so expect a bit of a fight here.
Don’t forget Powell speaks today in the morning and we have GDP both of which could bring that down, but if we stay elevated be careful of a squeeze.
Stupid Willy is pointing down.
35EMA has been holding us up since FOMC and it’s right in the middle today.
GL, y’all… I’ll keep you up to date on the wifi situation and hopefully videos will resume soon.
Also pay attention that it’s a gap up right into a bear gap so expect a bit of a fight here.
Don’t forget Powell speaks today in the morning and we have GDP both of which could bring that down, but if we stay elevated be careful of a squeeze.
Stupid Willy is pointing down.
35EMA has been holding us up since FOMC and it’s right in the middle today.
GL, y’all… I’ll keep you up to date on the wifi situation and hopefully videos will resume soon.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.