Market opens lower, looking for PULLBACKS or best positioning into end of the weeks possible rally. retest the 50s and even rejection of the 618 for best positioning of course waiting on some price action signals.
Looking at NAS and QQQ this morning we may have put in the low on the day for the steady push into FMOC next week. Possible consolidation if the Mag 7 doesn't pick up today. GOODLUCK
NAS traded lower off the evening star 1hr timeframe. Maybe you were early and took that signal to the midline of the Channel.... NASDAQ:QQQ Becase YOU GOT OPTIONS
Nas and QQQ , Tech stocks in general while Apple And Amazon had a decent day today we saw NAs and QQQ pull back a tad bit, along with NVDA. The idea is pullback positioning for the possible rally forward during this "melt up." We like the Channel and between that and the fib key levels we see opportunity. YOU GOT OPTIONS
