9/13: QQQ CPI Trade Idea
Looks like QQQ has regained its downtrend after retracing all the way to the .707 area, which we rejected from on Monday. If the market can get one last push towards this $375 level, I think it should make a lower high and take us down further towards $369 and then $366. If it starts to fall I think it'd be hard to chase and would try to look for a different setup to play down to the levels or after the levels have hit.
Money really does grow on trees.
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