OptionsRising

QQQ - time for puts, low risk with stops over 235, 237.47

Short
OptionsRising Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Today the gap was filled at the beginning of the "V" (at white line on left).
237.47 is highest price on left side of "V"
Usually inverted hammer candle after a run means a reversal is coming. If stock does open higher the next day there is a good chance of a sell-off.
Comment:
By the end of the day the inverted hammer candle disappeared. I am going to hold onto the puts I opened today as long as my upper stop is not broken.
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