What a Gap!
Clear those Ema's and I think we got a ride back to 550.
I would say this is especially favorable if the weekly/daily breakout in tech QQQ sticks.
Clear those Ema's and I think we got a ride back to 550.
I would say this is especially favorable if the weekly/daily breakout in tech QQQ sticks.
Comment:
Dangerously close to top of trend here. (blue top downtrend line)
If you have a position I'd suggest securing some profits.
If you have a position I'd suggest securing some profits.
Trade closed: target reached:
Trendline reached,
gap fill is a few pts away. You can hold if you like.
gap fill is a few pts away. You can hold if you like.
Great R/R here on a position.
a personal stop loss "zone" for me would be around 511-513
We're looking at about 4-6 pt risk for 30+ pt upside
these are the ratios I like...