QQQ Short 3/16: Following a moderate bullish day on Wed
QQQ moving down towards 296 on Thursday 3/16. Difficult to discern the long-term trend.
Following a nice concentration into the upper ends of the 15-min bollinger band from yesterday, and a pre-market downside of about -.33%, seeking another .33-.5% downside movement in the first 1-3 hours of the day on 3/16.
Selling 2 Call Cred Spreads at open for 298/300. Take profit at 30-40%; roll or close at -25%
Following a nice concentration into the upper ends of the 15-min bollinger band from yesterday, and a pre-market downside of about -.33%, seeking another .33-.5% downside movement in the first 1-3 hours of the day on 3/16.
Selling 2 Call Cred Spreads at open for 298/300. Take profit at 30-40%; roll or close at -25%