QQQ: trade review & tomorrow planKeep some PUT for overnight. If Open low, I will close on Market Open. If Open high, I will wait an entry point to add more PUT.
Qqqsell
A trading experiment on QQQIt will be really interesting if we reach 135.5 by 6th of august !!!
and we'll retrace on 30-31 on July for one day only and then continue going down!
QQQ Breaking down, Max Pain coming?Head and shoulders pattern breaks downward on NASDAQ:QQQ , looks like much more coming to the downside (short and long term).
Wedge, narrowing BB, falling volume, #NASDAQ short bus departureA sizable rising wedge brought us 12.5% off the low. There has been remarkable price stability on lower volume in the last few sessions but the narrowing Bollinger band suggest that we are about to see a larger move. Trend line resistance, the rising wedge as well as falling volume all suggest that the move will be to the down side.
It is reasonable to expect a 10% move up in the price of SQQQ in the coming days.
Next Major Support Level on the QQQ is around 155The market volitility has been breaking technical support levels almost daily. I think we need to hold the 155 level on the QQQ, if we don't bounce hard, we could see the begining of a bear market.
