ArcadiaTrading

CPI Data | FOMC Minutes | $QQQ tightening Range

Short
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
- Fed minutes Wed 2pm EST
- CPI Wed 530 EST
- PPI Thursday 530 EST

- added initial positions for SOXS looking to add more if we get flat or lower CPI data then 5.1%. shorting the SMH / SOXX sector.

- we have been tightening up in an equilibrium since last Wednesday will very likely break tomorrow.

- QQQ / SPY will be using stair stepping candles as a guide to how to trade when data is release.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.