JenRz

Short targets QQQ short term

Short
JenRz Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
My dowsing this morning called $375 minus 2.68% today. That's working nicely, but I think the lower target is more likely of $371, which was given to me as 14 points down from yesterday's close. There may be some bad news of some kind that drops us further into tomorrow.
Comment:
I'm revising the target to around $373.50. I expect a reversal in the morning, especially around 10:30-11 eastern.
Comment:
reversal up, that is!
Comment:
I'm still watching 373 going into the time of day that I got today = 12:48 for reversal up (now is 12:06)
Comment:
SO, the 373 wasn't hit. The lod is too close to yesterday's lod $375.81. I suspect that'll get washed out soon, BUT, the really, really neat thing is the low before this rally up was at 12:46 and my time given was 12:48. /NQ has moved 90 pts so far and there's a lot of time left on the day. The "advice" I keep getting, however, is to look for more downside, so I'll work on that this weekend.
Comment:
More downside I believe is just this afternoon with a selloff and new low into the close.
Order cancelled:
I posted a new one the other day
Trade closed: target reached

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