QQQ is sitting directly on the 200 EMA on the 65min chart. Worth watching if we get a relief bounce Friday, or if we knife right through. Looking for a red open that goes green to take a reversal day trade.
Trade active:
So far holding, no bounce yet. Took some TQQQ on a R2G open this morning.
Trade closed: target reached:
2% in and out. Not trusting this bounce long term just yet, so staying nimble is key