Short

QQQ - new expectation

Updated

So previously I thought we were building out a massive 1-2 to the upside, but that expectation has gone to the backseat after last week's action was impressively more bearish that I expected. Therefore, my primary expectation now is that we head to the 160 region in the next month, and after that a mind boggling rally to new ATHs (~200) In that phase of the rally, I expect XLI to have a similar setup

Trade closed manually

I think we will see another day or two of squeeze first though

Note

Oops, forgot to re-enable it after said sqeezes. Oh well

Astatine

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QQQ still bullish chart-wise

by Astatine

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