QQQ: Monthly time at mode analysis
Updated
In this chart we can observe the currently active time at mode signal in the monthly QQQ chart.
The uptrend has a long way to go still, so I expect further upside.
You should be long a few stocks by now, or at least long QQQ or QLD, or SPY.
Let's see how this evolves.
Good luck,
Ivan Labrie.
The uptrend has a long way to go still, so I expect further upside.
You should be long a few stocks by now, or at least long QQQ or QLD, or SPY.
Let's see how this evolves.
Good luck,
Ivan Labrie.
Trade active
You can long here with stop at 115.84Note
We can move stops to today's low plus 1 tick. (I'm getting back in tomorrow, I closed before FOMC)We can also buy dips to add to the trade, and keep the stop higher, to maintain 0.5-1% risk exposure here.
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ivanlabrie.substack.com/
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