LupaCapital

QQQ short, then long again

Short
NASDAQ:QQQ   INVESCO QQQ TRUST
Hello traders and analysts,

Basing the QQQ upon the Nas100 - this is the fund version.
We will be seeing two areas where price will fall to over the election period.
No write is needed as our previous analysis's on SPX , DAX , FTSE cover all information.

It is earning quarter, but the political and social landscape of the US is something to consider and not over look.
Our short targets are in line with 0.382% Fibonacci & 0.5% Fibonacci highlighted by the two red lines clearly marked.

Where to look?
Monitor price when this zone is reached before long positions.
Target 1 - $250-255
Target 2 - $230-237

keep in mind, price may take longer to reach this zone so no quick profit for us is here.
Use your risk management and pay attention to your monetary value be it account size or investment fund size.


Why follow us?

Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.

If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
If you feel our work is exceptional and would like to donate coins, this is highly appreciated.
Regardless we will continue producing analysis.

Thanks,
Team Lupa

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out