The market has "successfully" pivoted above the down trend that started during Valentines week. We have spiked above the channel, retested, and followed through. In the coming days I'm anticipating a pullback. The ideal short entry is when QQQ enters that gap and pivots around 330. I'm mainly sitting on hands at the moment because we'll have FOMC meeting tomorrow. As we know, the past Fed meetings were major movers or catalysts for the market as a whole. Not worth gambling in front of it.
Good luck everyone!
Good luck everyone!
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.
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.