FibMarketWatch

Feb 1, 2019 5:51 PM

QQQ-The Great Fall-Part 2 Short

Invesco QQQ Trust, Series 1NASDAQ

Description

⋅ Feb 1, 2019 5:51 PM

QQQ remains a strong sell. Terminal Cycle Sequence target is $120.

Option Trade: 15 MAR 19 155 PUT - $1.03

Option Trade Goal: Double

QQQ has completed Cycle Wave 1 & 2 down.

Cycle Wave 3 is to begin now.

Please review my previous QQQ analysis here:

Will update.

-AB

Comment

⋅ Feb 1, 2019 6:32 PM

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⋅ Feb 4, 2019 2:40 PM

Option Check: 1.06

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⋅ Feb 4, 2019 3:29 PM

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⋅ Feb 4, 2019 3:30 PM

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⋅ Feb 4, 2019 3:31 PM

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⋅ Feb 4, 2019 3:32 PM

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⋅ Feb 4, 2019 3:35 PM

Added Fib Time to High Degree Wave...

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⋅ Feb 4, 2019 3:38 PM

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⋅ Feb 8, 2019 11:13 PM

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⋅ Feb 13, 2019 5:02 PM

Trade closed manually

⋅ Mar 5, 2020 6:40 PM

Comments

gvoommen

⋅ Feb 4, 2019 7:13 PM

Buddy is it going to fall by Feb 15th as per the timeline.

FibMarketWatch

⋅ Feb 8, 2019 11:12 PM

@gvoommen, yes sir!

FibMarketWatch

⋅ Feb 8, 2019 11:13 PM

@gvoommen, next week

DaddySawbucks

⋅ Feb 2, 2019 1:03 AM

Good idea, but the March 168 contracts trading around $4 are much more likely to be profitable. GLTA!

FibMarketWatch

⋅ Feb 2, 2019 4:14 PM

@DaddySawbucks, of course they would be sawbucks...

FibMarketWatch

⋅ Feb 2, 2019 4:16 PM

@DaddySawbucks, I don't want to pay $4 though for something that is going to drop like a rock...

DaddySawbucks

⋅ Feb 5, 2019 11:05 PM

@TheHumbleWatcher, I'm in the Mar 170s now. picked up for $3.30. If it does as you project they will be 10-bangers.

Nazrite

⋅ Feb 2, 2019 6:15 PM

I agree totally. Just bought the 15feb weekly puts. Keep these updates coming. I thought I was the only one seeing the bulltrap the market is entering right now.

gvoommen

⋅ Feb 1, 2019 11:32 PM

Great update

Getitdoneson

⋅ Feb 1, 2019 6:53 PM

Thank you for the update! Please keep doing what you do!