The general sentiment coming into this week is that the bear trend is over and "things are fine." Maybe. This morning there was a 30m opening spike on 
QQQ I cannot ignore. It is happening right at the big Daily 50% Retracement of the leg down:
The level is even more prominent on Nasdaq futures and one can add the Volume Profile Point of Control to said level.
NQ1!
Playing this with June Puts on QQQ but going to use today's high as a tight stop. We'll see what "Sell in May" brings...
QQQ I cannot ignore. It is happening right at the big Daily 50% Retracement of the leg down:The level is even more prominent on Nasdaq futures and one can add the Volume Profile Point of Control to said level.
NQ1! Playing this with June Puts on QQQ but going to use today's high as a tight stop. We'll see what "Sell in May" brings...
"Be to others the person you needed to meet 10 years ago"
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Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
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.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
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.